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Photo credit: Couturezilla.com

Photo credit: Couturezilla.com

2019 — Will ASOS remain the same strategy of transparency as sustainability trend is increasing in the retail industry?

Adiestia Clara Shinta February 22, 2019

As one of the fashion companies that has taken serious action to promote the circular fashion, Asos has begun the transparency approach such as publishing the Modern Slavery Statement, also commit to the Ethical Trade. It is a keen strategy to increase the brand awareness and consider it as brand unique selling point besides addressing the consumer demand that the majority is millennial, as well as tackling the social and environmental issue in the industry. 

On the millennial BPC consumer report 2018, it is projected that just above a quarter of the UK age structure population is Millennial, which predicted to be the highest number in the global workforce in 2020. The expected demographic gives an idea that fashion business must meet their taste and lifestyle principles, rather than Generation X (Mintel, 2018).

Moreover, one in three of millennials are more likely to buy from mindful brands. Asos has been ahead, and one of the pioneers manage to update the responsible targeting the sustainable fashion as recently Asos has taken the accountable movement in early 2019, to stop selling product with animal-based materials such as silk, cashmere including mother-of-pearl. Also followed by the persistence to add more departments to work on the sustainable product, they start to recruit the experts for it (Business of Fashion, 2017).

In fashion, fashion business Tags FashionBlog, FashionEnthusiast, Sustainability, SustainableFashion
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The Future Of Fashion Rental Business

Adiestia Clara Shinta February 21, 2019

The provision of sustainable business has been increasing in many industries, especially fashion. Many fashion brands start to take action efficiently shifting their business model.

Many entrepreneurs start the renting service to be part of the new system that would focus on addressing the product's lifespan. The clothing renting business is seen to be a breakthrough now. Since the end of ownership would play a significant role to tackle the number of wasteful pieces in everyone’s wardrobe as fashion is such a fast-paced and always changing that it begins to be impossible to keep buying and own the latest trend from the economical aspect. 

According to research from Westfield, the rental retail economy is worth around £923 million specifically in the UK. The concept of sustainability from this business starts to make the fashion products more sharable, rental shopping that assures to be likely a potent solution to the industry (Davis, 2018).

Besides, to be more relevant to the audience in society today, short-term let services such as Airbnb and streaming platform, Spotify has made ownership less of a necessity for millennials and Generation Z, which prove the beginning of ownership end, as experiences are more valuable than possessions (The State of Fashion, 2019).

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