By Krystal De Lisi, The Edit Advisory
It's happening. Consumers no longer want to be associated with brands that are harmful to the planet and to people and brands are responding. However, balancing price with ethical sustainable fashion standards is a real challenge. It is inevitable that paying workers a fair wage and sourcing eco-friendly fabrics will play a role in the overall cost of your product. So how do you produce your product, balance the budget, and stay true to your values?
So, you’re starting a fashion brand. There are a lot of factors that contribute to the success of your brand so it’s important to know where to start and where to focus your energy, because it’s easy to get overwhelmed. Here are 5 proven hacks for building a successful fashion brand:
It has become common knowledge that the fashion industry is a major contributor to the world's pollution. This has created a demand for sustainable fashion in the last five years as consumers seek better alternatives for people and planet. However, what it takes to achieve this goal is a higher price. Is sustainable fashion elitist? Let’s take a look at the components that factor into the higher standards that correlate to higher costs.
Nationwide lockdowns have forced fashion brands to go digital to grow sales. According to HRC Retail Advisory, two major global trends have happened during the pandemic: increase in media consumption and a decrease in advertising spending. Facebook has seen a 70% increase in usage on all of its apps as consumers have turned to social media to keep them entertained, connected and informed.
It’s easy to see the many negative effects COVID has had on the fashion industry as retail and factories have shut down leaving millions unemployed. However fashion, a notoriously slow and labor intensive industry, is now being forced to go digital fast to overcome travel bans and increase speed to market. This shift could change the face of the production process, making it easier for teams to work together, regardless of distance. Here’s how you can communicate with your factory online and keep your production running right from your couch.
Fashion is the largest employer around the world and also one of the heavier hit industries affected by COVID. As brands and retailers pull back orders and furlough staff to stay afloat, many garment workers are feeling the brunt of the fallout. But with many economies closed, and the future uncertain, how do we move forward? We did a little digging to see how life has been for garment workers in this pandemic and some organizations doing their part to help.
The entire world has been turned upside down due to the Covid-19. Industries have been put on pause and the future seems uncertain. Fashion weeks are going digital and the normal flow of the fashion world has stopped. Designers have had to shut down their workshops and their production has totally shifted. However, some think that there is a silver lining to this pause. The CFDA has urged brands to skip the resort season. Some brands have halted their fall season as well and are getting rid of excess stock. This means lower waste and consumption which is positive in a sustainability sense. Designers have been focusing on what they can do during this time to make a positive impact and it's rebooting their creativity.
It is common knowledge that the COVID-19 pandemic is upending the fashion industry. From a 27-30% global revenue contraction to mass amounts of employees being furloughed, the fashion industry has taken a serious hit. So what are sustainable fashion companies doing to stay afloat? It would be natural to think that one of the first things to go in a time like this are their sustainable and ethical practices that are more expensive than their alternatives. Examples of this may be producing at manufacturing facilities that don’t enforce fair wages, benefits for workers, and other ethical practices or perhaps switching from organic cotton to regular cotton to cut costs and save money during this financial crisis. Anything to avoid bankruptcy, right? Looking at a few different companies that employ sustainable and ethical practices, their experience took a different turn and the reasons might surprise you.
The Coronavirus pandemic has caused many sustainable fashion brands to halt or pivot their operations. With the increased need for essential resources, companies have stepped in to produce supplies and aid those in need. Whether it is masks, hospital gowns or donations to various charities, sustainable brands are doing their part. Here are 10 sustainable brands helping during COVID-19 that can inspire you to do the same.
Sometimes when we talk about ethical factories, that can feel nebulous and vague if you don't understand the breakdown of what goes into making an ethical factory. In case you are interested in learning the 8 standards of an ethical factory you can get our free download by subscribing to our weekly newsletter here. But since one of the standards of an ethical factory is paying your workers a fair wage, you might wonder, "What is a fair wage versus a living wage? And who sets that rate?" Let's dive in.