Sustainability & CSR in Fashion - Stella McCartney - Presentation
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Transcript of Sustainability & CSR in Fashion - Stella McCartney - Presentation
RESPONSIBLE ?ETHICAL ?SUSTAINABLE ?
ISSUE AT HANDEthical internal business operations (protective) Socially responsible external business activities (proactive)
CHALLENGES & BARRIERSCost IntensivePerceived Lower Style ElementGreen Washing Tactics
EMERGING TRENDSSustainable fashion collaborations & collectionsEco-friendly BrandsLuxury, premium brands & designers turning sustainable
BENEFITSBrand Differentiation & Image ReinforcementLong Term Strategic EdgeCustomer & Employee Engagement
Juulsen, L . & Knudsen, H., Communicating CSR in the High Street Fashion Industry, 2010Reeves, J., Six Reasons Companies Should Embrace CSR, Forbes, 2 February 2012
Corporate Social Responsibility In Fashion
CSR Vs. Sustainability
http://www.salt-communications.com/blog/2012/10/differences/
If a business wants to futureproof itself, it has to have a sustainability plan
Nina Marenzi, The Sustainable Angle
CORE PREMISEEponymous label – Modern yet Sustainable Design
DIFFERENTIAL ELEMENTSTrend setting yet eco-friendly designsEthical workplace practicesSocially responsible branding & retailing
COMPANY STATEMENTResponsibleHonestModern
http://www.stellamccartney.com/experience/en/stellas-world/sustainability/company-statement/
“For me, it’s about the basic principles: Sustainability is important, as is recycling. Everyone can do simple things to make a difference, and every little bit really does count. That said, my job is to make desirable, luxurious, beautiful clothing and accessories that women want to buy.”
Value Proposition
Key CSR & Sustainability Efforts
PRODUCTIONOrganic cotton, Raffia, Low-impact DyesAPINAT Bio Degradable Soles , Eco Faux NappaAlternative Sourcing & Production Locations
WORKPLACEMeat Free Mondays Hybrid Car Based Taxi Service
COLLECTIONSEco-friendly eyewearAdidas by Stella McCartney The Noemi ToteStella Lingerie
BRANDING & RETAILBiodegradable PackagingRenewable Energy Powered StoresOrganic Store Interiors
CSR Collaborations
Kering Sustainability Ethical Trading Initiative (ETI)Natural Resource Defence Council (NRDC)People for Ethical Treatment of Animals (PETA)
http://www.stellamccartney.com/experience/us/stellas-world/sustainability/stella-interview/http://www.theecologist.org/green_green_living/clothing/270958/fashion_conscience_stella_mccartney.html
Stella McCartney & SustainabilityStrategic Analysis
BRAND IMAGEAspirational yet wearable modern lifestyle brand
CELEBRITY FOLLOWINGNaomi Campbell, Anne Hathway, Natalie Portman, Gwen Stefani, Gwyneth Paltrow, Angelina Jolie
MEDIA PRESENCEVogue UK to Vogue Nippon, InStyle, Harper’s Bazaar, Marie Claire, ELLE
RECENT AWARDS Brand of the Year - British Fashion Council (2012)Elle Style Award - Best International Designer of the Year (2013)H&M & Elle Conscious Award (Sweden, 2013)OBE from HM The Queen (2013)
http://www.vogue.co.uk/news/2013/04/23/stella-mccartney-designer-for-tomorrow-patron---berlin-fashion-weekhttp://www.stellamccartney.com/experience/us/stellas-world/about-stella/
BRAND PERFORMANCEOne of youngest designers to attract investment from global luxury conglomerate, Kering23 freestanding stores worldwide, distribution in 50 countries , shipped online to 100 countries 19 percent rise in profits in 2012
BRAND POSITIONING
STRATEGIC SHORTCOMINGInability to establish 100% transparent & sustainable business model
http://www.wwd.com/business-news/financial/stella-mccartney-profits-rise-19-7189186http://www.kering.com/en/brands/luxury/stella-mccartney
High Sustainability
LowSustainability
Strong Design Element
Weak Design Element
MulberryMichael Kors
Chloe
Jill Sander
DVF
Ralph Lauren
Stewart + BrownPeople Tree
Honest By
EdunIssi
From Somewhere
Stella McCartney
Value Enhancement Suggestions
COLLECTION BRANDINGGo Green Cards for production transparency
PACKAGINGPrinting sustainable materials used on Carry Bags, inside Sunglass Boxes etc.
ADVERTISING CAMPAIGNSHighlighting specific green facts about collection advertised
SOCIAL MEDIA MARKETINGMaking of Videos /Pictures on Facebook, Pinterest, InstagramStella Supports Green Blog on Company Website
Thank You
Le Huang | Disha Jain | Lauri Anttoni | Ruoh Shiang | Prerika Rao