Social Goods | Ignoring Sustainability, H&M's €1M Award, Bangladesh Fire

"Luxury Brands Can No Longer Ignore Sustainability" (Harvard Business Review)
"'The implicit promise [in luxury] is that the consumer need not worry about anything. Everything is taken care of… Until it isn't, at which point the whole impression of invulnerability and perfection can deflate.'"

"H&M Conscious Foundation Offers $1.1M Bounty in Quest to Close the Fashion Loop" (Triple Pundit)
"Last night in Stockholm, the H&M Conscious Foundation announced the winners in the Global Change Award. The challenge seeks innovative solutions to bring the circular economy to fashion and pays out a total of 1 million euros (about US$1.1 million)."

"Major Fire At Bangladesh Sweater Factory Raises Questions About Continuing Safety Improvements" (International Business Times)
"A massive fire broke out Tuesday morning at a Bangladeshi sweater factory that supplies Western retailers H&M and J.C. Penney."

"'Made in Europe': Plight of Garment Workers Under Scrutiny" (Thomson Reuters Foundation News)
"Factory owners in Romania and Bulgaria say there is little they can do to increase wages under cost pressures from brands."

"Eileen Fisher Is Largest Women's Fashion Certified B Corp Company" (Ecouterre)
"Eileen Fisher is now the latest — and largest — women's apparel company to be certified as a B Corp, or benefit corporation."