Thursday, April 23, 2020

H&M, Adidas, M&S top fashion transparency index 2020

Pic: Shutterstock

Pic: Shutterstock

H&M, Adidas and Marks & Spencer (M&S) have been ranked among the world’s most transparent big fashion retailers, according to the 2020 fashion transparency index compiled by UK-based Fashion Revolution campaign group. The H&M Group, which includes Cos, & Other Stories, Arket, Monki, H&M Home and Weekday, topped the index scoring 73 per cent.

German fast-fashion chain C&A came in second scoring 70 per cent. Adidas and Reebok followed both with 69 per cent, then Esprit scored 64 per cent, and Marks & Spencer and Patagonia both scoring 60 per cent.

This year marks the first occasion that any brand has scored above 70 per cent for its transparency, the campaign group said in a press release.

The index scores big fashion businesses based on their disclosure about their sustainability practices, social and environmental policies and supply chains.

Puma, Asos, Nike and VF Corporation, the parent company of The North Face, Timberland, Vans and Wrangler, also came in the top 10. More brands than ever disclosed their suppliers, with 40 per cent disclosing their top-tier suppliers, up from 35 per cent last year, the press release said.

The joint lowest-scoring retailers included Max Mara, Mexx, Pepe Jeans, Bally, Jessica Simpson and Tom Ford, which all scored zero per cent after revealing nothing at all about their practices for 2020.

The index also included an additional 50 brands including online retailer PrettyLittleThing, which scored only nine per cent.

Gucci was the highest-performing luxury brand with a score of 48 per cent, up from 40 per cent last year.




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