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ICYMI: ‘Sustainability’ arrives in annual reports, Prada goes fur-free, a lack of female fashion CEOs

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week. 

TOP STORIES
  • Tracking sustainability’s rise as one of fashion’s favourite words [Vogue Business]
  • Prada is the latest brand to go fur-free [Dazed]
  • Fashion has shockingly few female CEOs [Quartz]
  • What’s stopping the fashion industry from agreeing on climate action? [BoF]
  • E-Commerce giant Alibaba to integrate blockchain into intellectual property system [Yahoo]
TECHNOLOGY
  • World’s first digital only blockchain clothing sells for $9,500 [Forbes]
  • San Francisco becomes the first US city to ban government facial recognition [Wired]
  • AI avatars could be the next generation’s favorite entertainers [TNW]
  • Driverless electric truck starts deliveries on Swedish public road [FashionNetwork]
  • Future smart clothes will keep you the perfect temperature at all times [Digital Trends]
SUSTAINABILITY & PURPOSE
  • How charitable are fashion’s biggest companies? [Vogue Business]
  • The young activists fighting to ‘rebrand’ air pollution [Dazed]
  • Walmart agrees to power more than 40 stores with solar energy [Bloomberg]
  • Kering sets new animal welfare guidelines [FashionUnited]
  • The Body Shop launches fair trade recycled plastic scheme [i-D]
  • Single-use plastics a serious climate change hazard, study warns [Guardian]
  • Scientists devise ‘breakthrough’ plastic that can be recycled again and again [Sourcing Journal]
  • Why Russia still loves fur [Vogue Business]
  • This clothing brand’s new repair program shows that the future of fashion can be circular [Fast Company]
RETAIl & E-COMMERCE
  • How department stores are using services to convince customers they’re still convenient places to shop [Digiday]
  • Urban Outfitters tries to stay relevant with an $88 monthly rental service [Fast Company]
  • Walmart’s ambitious plan to beat Amazon on free one-day shipping is here [Fast Company]
  • Why online fashion retailers are experimenting with invite-only access [Forbes]
  • Klarna announces first UK immersive pop-up [FashionUnited]
MARKETING & SOCIAL MEDIA
  • Calvin Klein apologizes following “queerbaiting” accusations for Bella Hadid & Lil Miquela ad [Hype Bae]
  • Nike runs shoppable Snapchat lens to support women’s soccer [Mobile Marketer]
  • How will in-game advertising change as Google, Facebook, Snap and Apple level up? [Mobile Marketer]
PRODUCT
  • So what does Rihanna’s first Fenty collection actually look like? [NY Times]
  • PrettyLittleThing launches recycled collection [Drapers]
  • Vivobarefoot launches plant-based shoe [FashionUnited]
BUSINESS
  • Body Shop owner to buy Avon for £1.6bn [BBC]
  • Topshop is closing all its US stores [Refinery29]
  • Farfetch revenue soars [Drapers]
  • Richemont profit misses estimates on online investment costs [BoF]
  • Nike, Adidas and others call on Trump to remove footwear from tariff list [RetailDive]
CULTURE
  • ‘I want to tilt the lens’ – Sinéad Burke’s fight to make fashion more diverse [Guardian]

How are you thinking about innovation? We’re all about finding you the perfect partners to do so. Current Global is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more. 

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Chanel to ban exotic skins due to lack of ethical sourcing

Chanel is banning exotic skins
Chanel is banning exotic skins

Chanel announced on Monday (December 3) that it is going to stop using exotic skins in its future collections, as well as furs. This is mainly to do with an increased difficulty in sourcing these materials from ethical suppliers, as the French label continues to crack down on its supply chain. 

“We are continually reviewing our supply chains to ensure they meet our expectations of integrity and traceability,” the brand said in a statement.

Exotic skins include crocodile, lizard, snake and stingray, which adorn many of its iconic handbags.

Animal rights organization PETA celebrated the brands announcement on social media as it had been lobbying for the label to ban exotic skins for decades, it said. Next on the non-profit’s agenda is urging consumers to encourage LVMH to do the same with its portfolio of brands.

Chanel is the first luxury brand to take the major step of official banning exotic skins, and it is joining the ranks of the Arcadia Group, ASOS, H&M, L Brands (which owns Victoria’s Secret), Nike and Puma. 

The banning of fur however has been previously embraced by a wider range of luxury brands, including Armani, Versace, Gucci, Burberry, Diane von Furstenberg, Furla and many others. Chanel, however, had never used much of the material in its collections to begin with, making the ban relatively easier to implement. 

This changing perception of luxury materials comes at a time when luxury brands and the wider fashion industry is embracing values of the circular economy and looking for alternative fabrics that are more sustainable, all while keeping the same level of quality found in more traditional luxury materials such as leathers and silks.

How are you thinking about sustainability? We’re all about finding you the perfect partners for your sustainability strategy. TheCurrent is a consultancy transforming how fashion, beauty and consumer retail brands intersect with technology. We deliver innovative integrations and experiences, powered by a network of top technologies and startups. Get in touch to learn more.