Sustainable fashion
Search documents
ThredUp to Report Third Quarter 2025 Financial Results on November 3, 2025
Globenewswire· 2025-10-07 20:05
Core Insights - ThredUp will release its financial results for Q3 2025 on November 3, 2025, after U.S. market close [1] - A conference call and live webcast will be held on the same day at 1:30 p.m. PT / 4:30 p.m. ET [1] Company Overview - ThredUp is a leading online resale platform for apparel, shoes, and accessories, promoting the idea of thinking secondhand first [3] - The platform has processed over 250 million unique secondhand items from 60,000 brands across 100 categories [3] - ThredUp's proprietary operating platform supports its managed marketplace, utilizing distributed processing infrastructure, proprietary software, and data science expertise [3] - The company offers a Resale-as-a-Service model, enabling major brands and retailers to create customizable resale experiences [3] - ThredUp aims to extend the lifecycle of clothing, contributing to a more sustainable future for the fashion industry [3]
Grounded People Clarifies Press Release
Thenewswire· 2025-09-12 23:00
Core Viewpoint - Grounded People Apparel Inc. is addressing disclosure issues identified by the British Columbia Securities Commission, retracting previous financial disclosures and clarifying omissions related to stock options and management structure [1][2][3]. Group 1: Financial Disclosures - The Company retracts the sales order disclosures from the August 2, 2024 News Release, acknowledging that the presentation lacked balance and context [1]. - The May 29, 2024 News Release failed to disclose the granting of 20,000 stock options to the former CFO and an additional 60,000 options to other employees [2]. - An amended Management's Discussion and Analysis for the year ended February 29, 2024, has been filed, detailing the current audit committee composition [3]. Group 2: Investor Relations and Services - The Company has an agreement with Stride Publishing, now Wealth Campus Inc., for investor relations and digital marketing services, valued at $550,000 [4]. - All previous disclosures referencing Stride Publishing should now refer to Wealth Campus [5]. Group 3: Company Overview - Grounded People Apparel Inc. is a sustainable shoe company based in Vancouver, focused on fair-trade and environmentally friendly practices [6]. - The Company’s products are 100% PeTA-approved vegan, made from sustainable materials, and manufactured in a fair-trade facility in Brazil [6]. - The L.A.C.E.S. campaign allows consumers to purchase shoelaces linked to charities, with all profits donated to those causes [7][8].
Grounded People Announces Director Resignation
Thenewswire· 2025-08-01 20:30
Company Overview - Grounded People Apparel Inc. is an innovative apparel company based in Vancouver, Canada, focused on delivering high-quality, 100% PeTA-approved vegan products [2] - The company specializes in fair-trade, sustainable, and earth-conscious fashion, with initial products including high-top and low-cut canvas sneakers made from sustainable materials [2] Recent Developments - Mr. Patrick Morris has resigned from the Board of Directors of Grounded People Apparel Inc., effective immediately, and the Board expresses gratitude for his contributions [1] Social Impact Initiatives - The company aims to create a positive impact through its L.A.C.E.S. campaign, which allows consumers to choose shoelaces associated with specific charities, with all profits from these sales donated to the respective charities [3]
The Big Scam: Sustainability, Conservation and Recycling | Nirit Datta | TEDxNM College
TEDx Talks· 2025-07-25 16:49
[Music] How many of you have heard about climate change. Raise your hands. Right.What did I say. It's a scam. It is.Wildlife conservation is a scam. Certainly it's even a bigger scam. To be very honest, I have been doing this for the last 14 years.You know, wildlife environment does not make me any money. Barely I make any money through it. I don't I'm 28 years old. I might look like I don't own a car.I'm yet to get married. I don't own a house. I don't make much money.a lot of difficulties because where yo ...
Levi vs. Abercrombie: Which Denim Icon Leads in a Shifting Apparel Arena?
ZACKS· 2025-07-15 17:26
Core Insights - The global apparel industry is highly competitive, with Levi Strauss & Co. (LEVI) and Abercrombie & Fitch Co. (ANF) as notable players leveraging brand heritage and strategic transformation to capture market share [1][2] Company Overview - Levi has a legacy of over 170 years, primarily in denim, while Abercrombie has reinvented itself to appeal to young consumers [2] - Levi operates in casualwear and denim, selling through Direct-to-Consumer (DTC) and wholesale channels, while Abercrombie focuses on specialty retail with its Abercrombie and Hollister brands [3] Strategic Approaches - Levi is transitioning into a DTC-first organization, enhancing its digital experience and expanding its product portfolio beyond jeans [6][7] - Abercrombie emphasizes agility and trend responsiveness, utilizing a "Read & React" model to quickly adapt to market trends [11][13] Market Performance - Levi's stock rose 21.7% in six months, while Abercrombie's stock fell 28.1%, indicating investor preference for Levi's strategy [8][20] - Levi's forward P/E ratio is 15.65X, reflecting strong market confidence, while Abercrombie's is 8.90X, indicating investor caution [18][19] Financial Estimates - Levi's fiscal 2025 sales estimate implies a decline of 4.04%, but EPS indicates growth of 2.4% [16] - Abercrombie's fiscal 2025 EPS estimate implies a decline of 4.9%, while sales are expected to grow by 4.7% [17] Conclusion - Levi is positioned as a stronger long-term investment due to its global scale, brand strength, and strategic transformation into a diversified lifestyle brand [23]
Busting the myths about sustainable fashion | Maja Nellström & Matilda Lidfeldt | TEDxGöteborg
TEDx Talks· 2025-07-14 16:20
Environmental Impact of Fashion Industry - The fashion industry is resource-intensive and contributes to climate change and water scarcity [1] - The industry has been focusing on the wrong solutions regarding environmental impact [2] - Textile recycling alone won't solve the fashion industry's environmental problem [4] - Fiber production accounts for only about 10% of the total climate impact of a cotton t-shirt, while yarn to garment production accounts for more than 70% [7] - Scaling up textile recycling in Europe from less than 1% to 10% by 2035 would only decrease the climate impact by less than 1% [9][10] - Decreasing clothing consumption by 10% would directly reduce the climate impact by 10% [10] Consumer Behavior and Transportation - Transports account for about 15% of the total climate impact of a cotton t-shirt [12] - User transport (transport to and from the store) accounts for about 13% of the total climate impact, which is more than the t-shirt's trip across the ocean [14] - Buying secondhand clothes can lower the carbon footprint only if it leads to less consumption of new clothes [19] Recommendations for Consumers - Focus on using what is already in the wardrobe [21] - When shopping for clothes, choose walking, cycling, or public transportation whenever possible [21] - Buy only the clothes that will be used, whether new or secondhand [21] - Buying less is more effective than buying smarter when it comes to fashion and the climate [21]
ThredUp to Report Second Quarter 2025 Financial Results on August 4, 2025
Globenewswire· 2025-07-07 20:05
Company Overview - ThredUp is one of the largest online resale platforms for apparel, shoes, and accessories, transforming resale with technology and a mission to inspire the world to think secondhand first [3] - The company has processed over 200 million unique secondhand items from 60,000 brands across 100 categories, promoting a more sustainable future for the fashion industry [3] Financial Results Announcement - ThredUp will release its financial results for the second quarter ended June 30, 2025, on August 4, 2025, after the close of U.S. markets [1] - A conference call and live webcast will be held on the same day at 1:30 p.m. PT / 4:30 p.m. ET [1] Investor Relations - Live and archived webcasts, along with all related earnings materials, will be available on ThredUp's investor relations website [2]
Sustainable Style: Rethinking Fashion with Paper Mannequins | Meganath M | TEDxBITSathy
TEDx Talks· 2025-06-13 14:55
Textile Waste Problem - The fashion industry contributes 10-12% to global pollution, with textile waste accounting for 60% of fast fashion pollution [7][8] - India contributes 10-15% to global textile waste pollution [8] - Textile waste in India is classified into post-consumer, pre-consumer, and imported waste [9][10] - 17% of textile waste ends up in landfills [12][13] - A truckload of waste clothes is dumped into landfills every second in India [13] - Fiberglass mannequins are non-recyclable and contribute to landfill waste or toxic pollution through burning [16][17] Sustainable Solution: Restrict Mannequins - Restrict mannequins are 100% recycled using textile waste, biodegradable, eco-friendly, and sustainable [19] - Each Restrict mannequin uses 30-40 kilograms of waste textiles [22] - Restrict mannequins reduce carbon emissions by 70% and save 80% of usable water compared to normal mannequins [22] Call to Action - Consumers should think before purchasing clothes, support sustainable brands, and engage with recycling initiatives [24][25][26] - Spreading awareness can educate consumers about textile waste and encourage conscious purchasing decisions [26]
Ping An's Mother's Needlework Public Welfare Program Showcased at London Craft Week
Prnewswire· 2025-05-29 08:54
Core Insights - The article highlights Ping An Insurance's Mother's Needlework public welfare program, which integrates traditional crafts into sustainable fashion while empowering ethnic minority women to generate income [1][3][5] Group 1: Program Overview - The Mother's Needlework program was launched in 2020 to empower ethnic minority women, helping them preserve traditional techniques and improve their incomes through innovative design and market access [3][4] - The program has expanded to 10 provinces and regions in China, benefiting over 100 women and significantly improving the economic well-being of participating families [4] Group 2: Cultural Significance - Ethnic minority crafts are vital expressions of cultural heritage, but rapid modernization poses a threat to their survival [3] - The program showcases unique handicrafts, such as the Dulong Carpet, which is celebrated for its intricate craftsmanship and vibrant colors [2][3] Group 3: Sustainable Development - Ping An emphasizes that ethnic handicrafts are not only cultural treasures but also contribute to sustainable development and social inclusion [5] - The program promotes sustainable fashion by integrating recycled materials with traditional designs, supporting local women in creating eco-friendly textile products for both domestic and international markets [3][5] Group 4: International Collaboration - Through platforms like London Craft Week, Ping An aims to share the allure of China's intangible cultural heritage and invite collaboration from global designers and social organizations [5] - London Craft Week, established in 2015, serves as a premier global event fostering cross-cultural exchange and innovation in design, fashion, and crafts [6] Group 5: Company Background - Ping An Insurance is one of the largest financial services companies globally, with over RMB 12 trillion in total assets as of December 2024 [7] - The company ranked 29th in the Forbes Global 2000 list and 53rd in the Fortune Global 500 list in 2024 [7]
Kornit Digital and MAS ACME USA Sign Strategic Partnership That Unlocks the Agility Required to Win in Today's Fashion and Apparel Production Landscape
GlobeNewswire News Room· 2025-05-21 12:00
Core Insights - Kornit Digital Ltd. has entered a strategic partnership with MAS Holdings to enhance sustainable fashion production through on-demand digital technologies [1][2] - The collaboration aims to address inefficiencies in the fashion supply chain, focusing on reducing overproduction and waste while improving profitability for brands [3][4] Company Overview - Kornit Digital is a leader in sustainable, on-demand digital fashion and textile production technologies, providing end-to-end solutions including digital printing systems and fulfillment services [6] - MAS Holdings is recognized as the largest apparel technology company in South Asia, known for its collaborations with major brands like Nike and Victoria's Secret [2] Strategic Agreement Benefits - The partnership will enable brands to optimize inventory levels and respond quickly to market demands, thus minimizing waste and maximizing full-price sell-through [3][4] - MAS ACME USA will leverage end-to-end supply chain data diagnostics to enhance manufacturing strategies and increase profits by aligning production with accurate demand forecasts [5][9] Industry Impact - The agreement is positioned as a solution to the urgent need for change in the fashion industry, which is characterized by inefficiencies and a complex supply chain [4] - The collaboration promotes onshore production flexibility, allowing for agile responses to market trends and reducing long lead times associated with traditional supply chains [8][9] Future Outlook - The partnership is expected to transform the fashion industry into a more efficient and responsible production model, ultimately leading to sustainable growth and improved working capital efficiency [8][9]