The deadline to sign the 2020 Circular Fashion System Commitment Letter is 30 June 2017. More than 30 companies have already signed, representing a combined revenue value of 7% of the fashion industry market. Among them are: Adidas, ASOS, Bestseller, DK Company, Designers Remix, H&M Group, Eileen Fisher, Inditex, Kering, Marks & Spencer, Target and VF Corporation. So, if you're a fashion brand or retailer committed to taking action for a more circular fashion system, sign the letter today and join the movement!
A clear driver of sustainability is company size. That is one of the main findings of the Pulse of the Fashion Industry report. Some large enterprises and a few niche players are taking an advanced approach to sustainability. Small and midsize companies (SMEs), however, have the lowest score. With little control over or transparency along their supply chains, SMEs lack the knowledge and resources to significantly improve their footprint. Even when their intentions are good, they lack reach to be able to effect change.
To kick off the 2020 Circular Fashion Commitment's efforts, we will be hosting a webinar on 21 June 2017 at 5:00 pm CET. This 1.5 hour webinar will provide an introduction to the Commitment and how to set targets and reporting on the progress being made, furthermore presenting key learning points from pioneering companies on how to take action on circularity. A focus will lie on garment and footwear collection schemes - with representatives from companies including I:CO, Inditex and Eileen Fisher. To join, please RSVP to email@example.com no later than 19 June 2017!