It ain't fashion, if it ain't sustainable

Kearney

Going Circular / Fashion Index 2024

3 July 2024

3 minutes

Gucci launched a collaboration with Vestiaire Collective, pioneering the f¬irst fully circular secondary luxury market, from quotation and authentication of a bag to sell-back to another consumer.

Just 3.2 Points on 10: That's How Bad 235 Top Global Fashion Brands Fare Together on Circularity

The latest 2024 Circular Fashion Index (CFX) that measures fashion brands’ efforts to extend the lifecycle of their products and materials based on seven dimensions, has just 25 out of 235 players scoring 5 out of 10 or more.

Staff Writer

Going Circular / Fashion Index 2023

1 June 2023

4 minutes

Except for Indian brands, which score significantly lower than the rest of the panel, the results from other countries are fairly aligned, with average scores ranging between 2.6 and 3.4, confirming that there is a lot to do everywhere across the globe.

Brands Going Around in Circles; Score Measly 2.97 on 10 in Circularity; Indian Brands Cut Sorry Figure

The just released 2023 Circular Fashion Index (CFX) by Kearney rues that the needle has barely moved since last year's report, with the 200 global brands analysed barely reaching an average of 2.97 on a circularity scale of 10.

Special Correspondent

Circularity / Fashion Index

25 April 2022

4 minutes

Communication and promotion of circularity efforts are the easiest and fastest measures to implement, yet 47% of brands don’t do it at all. Only 14 companies do it credibly, and 80% settle for giving the minimum amount of care instructions required by law.

Top European brands flunk on circularity; avg score 1.99 on 10

The Circular Fashion Index (CFX) of Kearney, which aims to measure fashion brands’ efforts to extend the lifecycle of their clothes, has found that the top 100 European brands are performing abysmally. Only Patagonia, The North Face and Levi’s have an acceptable score.

Special Correspondent

Sourcing / Reshoring Index 2022

13 April 2022

2 minutes

Representative image. Good news is on the horizon for US manufacturing, according to the ninth-annual Reshoring Index released today by the global management consulting firm Kearney. The study found that despite the short-term challenges, large portions of offshored manufacturing may soon be returning.

Nearshoring Delusion: Sourcing gets closer to US, but it’s Chinese companies setting up facilities in Mexico

Annual report by Kearney on the extent of reshoring shows little change over the previous year but predicts that a redefinition of reshoring will soon create dramatic change, with companies combining reshoring and nearshoring to create a best cost—rather than a lowest cost—supply chain.