Instagram’s user growth is slowing. Meanwhile, TikTok is buzzing.
Addressing corporate social responsibility as “greenish pet projects” is no longer an option, said consulting firm Oliver Wyman.
Net-a-porter has added a wellness subcategory to its beauty pages, offering products such as hair vitamins and water bottles with amethyst crystals while Cult Beauty sells libido and energy boost pills, and quartz eye masks.
New technology, growing consumer awareness and financial necessity are all pushing the fashion toward better manufacturing methods.
Smaller, independent brands with budgets to manage are among the first to address the issue.
Other retailers such as Saks, The Webster and Dover Street Market are also seen as possible options.
“To remain relevant in the next decade, brands must rethink how they approach gender. The best brands are already doing it.”