Sustainable fashion: a paid strategy

How many jeans do you have? Moreover, Have you bought them new or in a thrift store? Moreover,

As with any investment. Consequently, capital is exposed to risk.

At a time when global news is dense than ever. Meanwhile. In addition, you may wonder why an investment company like Baillie Gifford is interested in the number of new or used jeans you have. For example, We will come back to this later.

In the United Kingdom. However. Furthermore, an average citizen has seven jeans, while in Switzerland, it is estimated that an individual buys an average of 15 kilos of clothes per year. For example. In addition, Behind each piece of your wardrobe hides a complex history of using resources, working conditions sustainable fashion: paid strategy new and global supply chains. In addition, But the challenges of the fashion sector also offer us opportunities sustainable fashion: paid strategy as investors.

The global fashion industry weighs around 2,400 billion dollars in turnover per year, and the sector employs 300 million people worldwide. However. However. it is also responsible for 10% of global greenhouse gas emissions, more than the emissions of all international flights and maritime navigation combined.

The “fast fashion” has only aggravated these problems. Some producers are now launching new collections every week, with up to 52 “micro-saisons” per year.

At Baillie Gifford. our positive impact strategy changes on listed actions aims to identify quality companies with high growth potential. which contribute to a lasting world while providing attractive investment returns.

Savers Value Village, based in the United States, is one of these companies. This is the largest second -hand store chain in North America. Thanks to sustainable fashion: paid strategy new an innovative commercial model and more than 5 million loyal customers, Savers prevented nearly 1.5 billion kilos of clothing from finishing sustainable fashion: paid strategy on the landfill between 2018 and 2024. Despite its size, the company holds only 2% market share in North America, which suggests a strong growth potential.

Recycling has a positive impact on climate and the environment. But new clothing production methods are just as important. With its biosolutions, the Danish company Novonesis is a major player in this area.

Novonesis put indeed on technologies based on enzymes which considerably reduce the use of water. chemicals in the production of denim and cotton. In some cases, water consumption is reduced from 67 to 90%. Its solutions eliminate harmful substances like those used in traditional stone washing, while ensuring high quality and reduced environmental impact.

The effects are significant: better production methods make it possible to obtain sustainable fashion: paid strategy new stronger clothes. in line with consumer demand for resistant and durable products. The biosolutions market has rapid growth. In the long term. biosolutions such as sustainable fashion: paid strategy those provided by Novonesis could capture shares in the market for specialized chemicals depending on fossil fuels. which currently represents $ 1,000 billion worldwide.

Whatever the number of jeans you have in your wardrobe. know that some companies are working to reduce the environmental footprint of the fashion industry. and that committed investors are relying on their long-term success.

Important information
This article does not constitute independent research and is not subject to the protections granted to such research. Baillie Gifford and her staff may have negotiated the investments concerned. The opinions expressed are not de facto statements. should not be considered as advice or a recommendation to buy, sell or have a particular sustainable fashion: paid strategy new investment.
Baillie Gifford Investment Management (Europe) LTD (BGE) is authorized by the Central Bank of Ireland to act as AIFM. under the AIFM directive. as an UCITS management company under the sustainable fashion: paid strategy OPCVM directive. BGE also benefits from regulatory authorizations to carry out individual portfolio management activities. BGE provides investment management and advice to separate European customers (excluding the United Kingdom). Additionally, BGE has been designated OCCVM management company from the following UCIT-CADV company: Baillie Gifford Worldwide Funds PLC. BGE is a subsidiary 100% owned by Baillie Gifford Overseas Limited, itself 100% owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited. Baillie Gifford & Co are authorized and regulated in the United Kingdom by the Financial Driving Authority (FCA).