CSR news and archive

LVMH's Loro Piana: After the scandal, what are the consequences for the sector and investors?

LVMH Group once again found itself in turmoil when its Italian subsidiary Loro Piana, a house renowned for its cashmere and understated luxury, was placed under court supervision by the Milan Court last month. This exceptional decision highlights the excesses of an outsourcing system too often out of control, already singled out in other similar...

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Dutch political party says European sustainability rules threaten competitiveness

The Dutch political party, VVD, has sent a strong message to Brussels. On June 12, members of parliament Thom van Campen and Claire Martens-America submitted a motion to the House of Representatives stating that two European directives concerning sustainability hinder European businesses from competing with businesses outside the EU, such as...

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Living wage report finds “limited progress" among garment and footwear companies

The 2023-2024 Annual Report from the Platform Living Wage Financials (PLWF) has taken a look at progress when it comes to living wages and incomes in the garment and footwear sector. Thirty-three companies were assessed, among them Adidas, Asics, Esprit, Fast Retailing, H&M, Hugo Boss, Inditex, Kering, LVMH, Marks & Spencer, Nike, Primark, Puma...

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Podcast: Ba&sh CEO on Strategic CSR Challenges for Premium Fashion Labels

The French fashion brand Ba&sh has emerged as a key player in sustainable fashion in recent years. The brand, which offers luxury clothing at an accessible price point, received B Corp certification in June 2023 with a score of 98 points. By collaborating with sustainable start-ups and investing in regenerative agriculture, Ba&sh is taking steps...

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Capri Holdings publishes update of CSR goals, receives SBTi backing

Luxury conglomerate Capri Holdings has released its latest Corporate Social Responsibility (CSR) report, covering the company’s efforts and progress within the topics of sustainability, human rights, diversity and philanthropy during FY22. Speaking on the report, John Idol, chairman and chief executive officer, said: “Capri Holdings is a company...

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German discounter Takko on handling supply chains in times of crisis

Unlike many other fashion companies, German discounter Takko Fashion shows model behaviour in the current Corona crisis when it comes to its suppliers. At least that's what Takko's denim supplier in Bangladesh says. The Corona crisis has brought to light many facts that one would not have expected. For example, that many fashion brands are now...

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Bangladesh Denim Expo to Adopt Kingpins’ CSR Standards For Exhibitors

Kingpins Amsterdam, the bi-annual denim supply chain trade show, announced earlier this year that it was beginning the process of requiring all exhibiting denim mills to meet or exceed standards in the areas of corporate social responsibility (CSR), environment and chemical usage. Now, BDE will adopt the same standards, starting with its...