News from World

tag: Consumatori

13 March 2023

The largest carbon credit certifier modifies its rainforest compensation scheme to regain credibility

"Carbon neutral" claims are often based on credits certified by Verra, and surveys have suggested that many are worthless. These claims bombard us in supermarkets, online and on television and, said the Guardian, are based on carbon credits for a $2 billion voluntary compensation market. Gucci for example, but the fashion sector in general, uses them and presents them as a "nature-based solution", playing on the guilt that consumers feel in contributing to the loss of biodiversity.

01 March 2023

EU wants to crack down on greenwashing with "proportionate" penalties. Draft plan addresses exaggerated claims about product environmental credentials

Companies will have 10 days to justify green claims about their products or face “effective, proportionate and dissuasive” penalties, under a draft EU crackdown on greenwashing seen by the Guardian. [EU to crack down on greenwashing with ‘proportionate’ penalties – Guardian]

20 February 2023

Global consumer spends in fashion products likely to decline 41% according to PwC

In the next six months, global consumers are planning to reduce their spending in luxury or premium products across a variety of retail categories, including fashion, which is forecast to see a 41 per cent decrease in spending, according to the PwC Global Consumer Insights Survey 2023. Consumers’ behaviours, technological preferences and expectations continue to evolve. How can companies meet them where they want to be?

16 June 2022

USA, "Our sector" (consumption, clothing, etc...) worsens

The stock market is collapsing, inflation is rampant and scarcity is affecting supply chains, against the backdrop of Covid and the war in Ukraine. It is a terrible self-perpetuating cycle. The question for the apparel and footwear industry is: Will consumers continue to buy? Robert P. Antoshak's answer in this article (Staring at an Economic Precipice? Just Wait, It Gets Worse) in the Sourcing Journal is that for a while they will, but not for long.

05 May 2022

Manufacturers will soon face demand issues in addition to supply chain creaks

A shift in spending away from goods could hit companies already struggling to secure supplies. Prior to the pandemic, e-commerce made it seem like everything was right at our doorstep. This WSJ documentary takes viewers on the monthslong, 14,000-mile journey of a typical consumer good from factory to front door to reveal how the process is far more complex, and vulnerable, than many of us imagined.

21 February 2022

Supply disruptions add to inflation and undermine recovery in Europe

With the COVID-19 Lockdowns, “consumers have reduced spending on services and bought more artifacts“ (IMF-Blog), accelerating the rebound in manufacturing production, but the logistical crisis of the “Supply Chain” (NY Times) and the tail end of the pandemic have put global trade even more in crisis. Europe risks another energy crisis (Bloomberg) due to the soaring cost of gas, driven by the Ukrainian crisis. Agenda against inflation.

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