Fashion Updates

TRIMCO IS ASSISTING THE FASHION INDUSTRY IN ACHIEVING ESG COMPLIANCE.

Published: August 27, 2022
Author: Fashion Value Chain

Trimcospecialises in creating brand identity and supply chain traceability solutions for the apparel industry, including some of the world’s most well-known fashion and fitness brands. We design and manufacture innovative products, manage and advise on care label rules for foreign markets, and operate world-class shipping centres. We have 1,700 employees in 21 countries and support 800 brands and 8,600 producers worldwide.

Who are Trimco’s customers?

Our customers are predominantly apparel brands, including some of the UK and world’s best-known fashion and activewear brands. We also cater to various other industries, including footwear and home textiles, and our RFID solutions are available for an even broader spectrum and industries.

Why does fashion have such a poor ESG record?

Litigation and shareholder activism in the ESG arena have mostly centred on the energy and resources industry in recent years. With ESG-related lawsuits on the rise globally, and a growing pressure to achieve net zero sooner rather than later, the emphasis is increasingly being cast on other industries, including fashion. The industry’s sustainability concerns are multifaceted, but some of the most fundamental issues stem from the structure of the fashion business model, particularly for fast-fashion businesses.

Fashion is a seasonal and trend-driven industry that feeds on consumers’ insatiable desire for’something new.’ Many fashion enterprises operate on a profit-driven basis and corporate purpose. As a result, the sector has established complicated global supply chains.

How much has fashion got to do to catch up on ESG?

The fashion business still has a long way to go, but in comparison to other industries, it is moving at a rapid pace. It needs to be. Consumers want it, yet our resources are limited, therefore in order for our sector to thrive, we must discover a better way to operate quickly. And, as a provider of trims, care labels, and packaging solutions, we encourage and help brands to go beyond garment or footwear production. A sustainable attitude encompasses all aspect of a product, from the hangtag and shipping box to the fabric materials utilized and the total environmental impact of the business. We can certainly assist with some of it.

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