GLOBAL

NPO exerts pressure on FMCG and retail giants to cut plastic usage
NPO exerts pressure on FMCG and retail giants to cut plastic usage

Citing new data on the growing plastic pollution problem, California-based not-for-profit group As You Sow has filed shareholder proposals with 10 leading consumer goods companies and retailers, calling for commitments to absolute cuts in the use of plastic packaging.

1 day ago

GLOBAL

2020 digital holiday sales climb to $1.1tn globally - Salesforce
2020 digital holiday sales climb to $1.1tn globally - Salesforce

New data from global CRM company Salesforce shows a 50% increase in digital spend when compared to the 2019 shopping season, making 2020 one of the biggest digital holiday shopping seasons to date. Consumers spent $1.1tn online worldwide, compared to $723bn worldwide in 2019.

3 days ago

GLOBAL

Secondhand clothing sales are booming - and may help solve the sustainability crisis in the fashion industry
Secondhand clothing sales are booming - and may help solve the sustainability crisis in the fashion industry

A massive force is reshaping the fashion industry: secondhand clothing. According to a new report, the U.S. secondhand clothing market is projected to more than triple in value in the next 10 years - from $28bn in 2019 to $80 billion in 2029 - in a U.S. market currently worth $379bn. In 2019, secondhand clothing expanded 21 times faster than conventional apparel retail did.

By Hyejune Park and Cosette Marie Joyner Armstrong 11 Jan 2021

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