Category: <span>Business</span>

Fixing Fashion’s Returns Problem in a Post-Lockdown World

Fixing Fashion’s Returns Problem in a Post-Lockdown World

Like a home renovation project exposing underlying damp and cracked walls, this pandemic has torn open the systemic problems in fashion retail that lay under the surface all along. From the cancelled orders crisis spotlighting garment workers on the poverty line, to the dramatic halt in shopping that’s shifted millions of consumers towards a slower,...

Vestiaire Collective Releases Its First Smart Side of Fashion Report

Vestiaire Collective Releases Its First Smart Side of Fashion Report

A new report by one of the world’s leading global community marketplaces for ‘desirable’ pre-loved fashion reveals positive growth in second-hand retailing and sustainable fashion, driven mainly by Gen Z and Millennials. Blending data from its global platform with market insights and international consumer trends, Vestiaire Collective‘s first ever bi-annual fashion report ‘The Smart Side...

Impact Investing App GoParity Launches First Green Energy Project in Africa

Impact Investing App GoParity Launches First Green Energy Project in Africa

GoParity, an impact investment platform based in Portugal and with more than 2.1 million euros of investment raised for environmentally and socially responsible projects is now launching its first project in Africa. Its new project called SolarWood Hospital, will co-finance a renewable energy solution that will be installed at Good Shepherd Mission Hospital in Siteki, capital of Lubombo...

Black-Owned Vegan Brand Black Girl Sunscreen Secures $1 Million Investment

Black-Owned Vegan Brand Black Girl Sunscreen Secures $1 Million Investment

In the world of venture capital, only 2.2% of funding goes to women-led startups. It’s even harder for women of colour (WOC) founded businesses. According to ProjectDiane, a biennial demographic study of Black women founders, Latinx women-led startups raised 0.04% of the $424.7 billion in total tech VC funding raised since 2009, while Black women raised...

Second-Hand Market Set to Hit $64 Billion in the Next 5 Years, thredUP 2020 Report Reveals

Second-Hand Market Set to Hit $64 Billion in the Next 5 Years, thredUP 2020 Report Reveals

While fashion retailers are collapsing in the wake of the COVID-19 pandemic, with some analysts predicting that a quarter of US malls may close in the next five years, the opposite is true for the second-hand and resale market. A recently published annual report by the world’s largest thrift and consignment platform reveals that the...

Post-Pandemic Recovery: Seizing Opportunities to Build a Green and Resilient Economy

Post-Pandemic Recovery: Seizing Opportunities to Build a Green and Resilient Economy

Pause. The world was virtually at a standstill over the last couple months as countries imposed lockdown measures to prevent the spread of COVID-19. Non-essential businesses, establishments, and transportation were put on halt and people were told to stay at home. With the pandemic restrictions, the environment was also given a reprieve – our cities...

IKEA Unveils Its Low-Waste, Nature-Inspired ‘Home Of Tomorrow’ Sustainable Lifestyle Concept

IKEA Unveils Its Low-Waste, Nature-Inspired ‘Home Of Tomorrow’ Sustainable Lifestyle Concept

Swedish retail behemoth IKEA has unveiled its brand new eco-friendly urban home concept in Szczecin, Poland. Hoping to encourage customers to live a life more in harmony with nature, the IKEA Home of Tomorrow – a 2,700 square foot concept space set in an old building – introduces visitors to environmentally friendly furniture and home...

Q&A with Michael Fox, Co-Founder of Plant-Based Meat Company Fable

Q&A with Michael Fox, Co-Founder of Plant-Based Meat Company Fable

After raising $1.5 million in venture capital funding, Australia’s newest start-up plant-based meat company Fable Food Co. released its first product range, a plant-based pulled pork and beef brisket made predominantly with shiitake mushrooms. The company followed up its initial success, releasing its new ‘Plant Based Slow Braised Beef’ across 600 Woolworths locations in Australia in time for World Meat...

Plant-Based ‘Slow-braised Meat’ Fable Hits Woolworths Making Vegan Food More Accessible

Plant-Based ‘Slow-braised Meat’ Fable Hits Woolworths Making Vegan Food More Accessible

With the rise of Instagram influencers, concerns about climate change and the ethics of animal agriculture, the plant-based movement is gaining momentum and faux meat is being found in more locations than ever before. Plant-based protein brands such as Quorn and Tofurky can now be purchased in most supermarkets and fast food chains such as...

Companies Fail to Address Plastic Pollution Crisis, Report Finds No Corporate Leaders

Companies Fail to Address Plastic Pollution Crisis, Report Finds No Corporate Leaders

BERKELEY, CA – Today, As You Sow released its Waste & Opportunity 2020: Searching for Corporate Leadership report analyzing the actions, or inactions, of 50 of the largest U.S. consumer-facing companies to reduce plastic pollution. In the face of growing worldwide concern about ocean plastic pollution, the report concludes that companies are far too slow in adopting responsive actions...