Posts about Sustainability
We are living in a world where retailers are transforming their business models towards a paradise of service and personalization to gain competitive advantage with less loyal customers. It is a world where customers can order a product online and have it at home in less than 30 minutes. Tonnes of plastic and cardboard waste generated by this delivery whirlwind are a result of these forces. According to the World Bank, the apparel segment makes up 10% of humanity’s carbon emissions. Fast fashion has increased clothes “consumption” by making fashion accessible to the masses and increasing the demand for new garments to an unsustainable extreme. It takes about 7,500 liters of water to produce a single pair of jeans, which is equivalent to one person’s drinking water for seven years. Impressive figures when we look at the various jeans in our wardrobes.Read More
New York Fashion Week (NYFW) recently ended, leaving those in retail feeling energized and inspired for what’s to come in 2020. Sustainability, diversity and the future of retail were dominant themes throughout the week. Stibo Systems sponsored and attended various events, absorbing and learning from leading retailers about the latest trends, from styles to technology. Below are some highlights:Read More
The amount of pollution and waste generated by the production of consumer goods and fast fashion has drawn scrutiny from governments, non-governmental organizations and consumers alike in recent years. As environmental concerns increase globally, the call for companies to act responsibly and adopt more sustainable practices in sourcing, manufacturing, packaging and distribution processes will intensify. The good news is that not only are companies rising to the challenge, but many global brands are leading the way by taking a more sustainable approach to product development.Read More
Consumer packaged goods are changing faster than ever and master data is increasingly at the center of it all
Editors note: For the latests updates, jump to our coverage of trends impacting CPG in 2021 and prior to that in 2020.
Most industries have felt the winds of change for a while now. Digital commerce strategies, customer-centricity, and product innovation have all made their way to the heart of business. These winds are now blowing across the consumer packaged goods (CPG) space.
How do CPG companies prepare to benefit from these changes, along with the emerging trends and predictions surfacing in the industry right now? A good place to start is reviewing the seven most prominent mega-trends affecting CPG right now, the challenges and opportunities they bring and what CPG manufacturers and brands can do to leverage the synergies existing within them.Read More