• The Lingering Costs of Instant Fashion

    The Lingering Costs of Instant FashionInstant fashion has exploded in recent years, led by Shein whose sales have multiplied by more than 20 times since it entered the U.S. less than six years ago. As Shein explores an IPO, the author reviews the social phenomena that have contributed to instant fashion, the factors that allow it to succeed, and the dangers of the industry’s model. While there’s clearly demand for these products, consumers and policy makers also need to be aware that the business model comes with side effects — particularly the privatization of profit and the socialization of costs, including social and environmental harm.

    https://hbr.org/2024/02/the-lingering-cost-of-instant-fashion

  • MANUFACTURED: Crossover Moments

    In this episode, Dr. Divya Jyoti and Kim sit down with Ken Pucker, former Timberland COO turned sustainable fashion critic, who now works as a Professor of Practice at the Fletcher School. Fun fact: Ken’s career began in manufacturing, and at the time he joined Timberland, they were still producing much of their footwear.

    Though it wasn’t necessarily their intention at the outset – this episode ended up focusing on levers for change. Ken shares why he has chosen to focus on shifting the rules of the game through legislative action, but we also discuss the need for systemic change, or to rebuild the “whole house” – and the difficult task of shifting cultural beliefs needed to achieve this.

    Ken also reflects on his time at Timberland, and his realization that despite Timberland being a poster child for sustainability, the company’s environmental impact worsened under his watch. He shares how this led him to let go of ideas and assumptions based on infinite resources and growth. If you’re interested in learning more about Ken’s view, I highly suggest checking out his recent publication, “A Circle That Isn’t Easily Squared,” featured in the Stanford Social Innovation Review.

    This episode is part of the “Crossover Moments” miniseries, where we explore key moments of personal transformation that led people to question and ultimately reject conventional approaches to sustainable fashion.

    98. Crossover Moments : Ken Pucker

     

  • How Fashion’s Business Model Is Wasteful by Design

    Excess is built into the economics of the industry at every step of the value chain, writes Kenneth P. Pucker.

    https://www.businessoffashion.com/opinions/sustainability/fashion-waste-business-model-design/?utm_source=newsletter_dailydigest&utm_medium=email&utm_campaign=Daily_Digest_201223&utm_term=R7CCWIZCQJD3ZPWK6R3U72MNQA&utm_content=top_story_2_title

  • The Conscious Capitalists: Real Talk on ESG!

    Join us for a frank discussion on ESG, climate investing, and the need for government policy through taxes and subsidies to push companies into doing the right thing for the climate crisis. As our guest Ken Pucker, former COO of Timberland, says, ESG has no impact on saving the planet. Ken talks about the challenges for all of us in understanding when and where real Capital is invested in impacting climate change. Ken argues that better accounting on externalities alone is not enough. We need to price externalities to drive real behaviour change. Hence, the role of government policy is to play a role with taxation and subsidies to reward good behaviour and punish bad.  A Podcast by Tec Sounds.

  • Brands Know How to Curb Their Climate Impact. Why Won’t They Do it?

    Most of the world’s biggest fashion companies have committed to radically reduce their greenhouse gas emissions. Though it’s a complex challenge, how to deliver is no mystery.

    That is, in part, because there is a cottage industry of consultants advising brands on decarbonisation strategies. As but one high-profile example, trade group Global Fashion Agenda (GFA) and McKinsey co-authored a report in 2020 laying out a comprehensive roadmap to cut fashion greenhouse gas emissions by just over 50 percent by 2030. The analysis shows that more than half the recommended actions will also result in cost savings.

    And yet, the industry’s greenhouse gas emissions continue to trend in precisely the opposite direction.

     

    https://www.businessoffashion.com/opinions/sustainability/fashion-brands-curb-climate-impact-why-not-inaction/

  • The problem with fashion’s sustainability awards

    A crop of fashion accolades have been awarded to fashion brands, recognising progress in circularity and other sustainability goals. It’s a double-edged sword, experts say.

    https://www.voguebusiness.com/sustainability/the-problem-with-fashions-sustainability-awards-gucci-cnmi