Buy from a brand whose social and environmental practices are trustable.
New data has found that Americans donât want to get caught buying from a company exploiting the planet.
The findings show that 90% of millennials will buy from a brand whose social and environmental practices they trust, and 95% of them will recommend that brand to a friend.
Considering millennials spend a $600 billion per year, a figure thatâs expected to grow to $1.4 trillion, which is 30% of the market, those numbers have a huge significance for brands.
They named Patagonia, Whole Foods, Tesla, Apple and The Honest Company as some of their most-trusted brands, all of which have notable social or environmental practices.
Even Walmart made the list for its recent sustainability initiatives.
In fashion, weâve seen luxury groups like Kering working toward a greener future. Just this year, Gucci (also owned by Kering) announced that it would be going fur-free â to much fanfare in the industry.
Basically, millennials want to see the companies they shop with caring about where the planet is headed. If brands seek to tap into their loyalty (and wallets), itâs time they get on board, too.
Eco-apparel is growing
In 2011, the top eco-apparel categories were footwear (23%), active/workout wear (21%), and womenâs casual wear (21%), with green options purchased by about 20% respondents.
While 69% considered eco/sustainability when purchasing clothing, eco-fashion purchase intent doubles in nearly every category, with these so-called âgateway categoriesâ reaching 48%, 47%, and 47%, respectively.
While price will always be top-of-mind, lack of availability appeared to be a strong limiting factor.
About 33% of those who donât regularly consider sustainability in their apparel purchases said they didnât buy sustainable because it wasnât available where they shop and 28% said they didnât even know where to purchase eco/sustainable clothing.
âThe data is showing a strong interest in eco/sustainable apparel. This represents a growth opportunity, especially if manufacturers and retailers make it easier to find,â Christine Nardi Diette, group president, Ryan Partnership Chicago.
When shoppers do buy eco/sustainable, 57% said they became aware of eco-attributes through product tags, while 37% credited in-store information.
Fewer than one in four use digital means to seek out eco/sustainable information through online search (23%) and brand websites (22%).
Notably, 61% of shoppers expressed interest in an Apparel Sustainability Rating or Index. One consumer said,
âIt would be a tipping point if I were choosing between two products of similar price and quality or might persuade me to buy the more expensive product.â Christine Nardi Diette
Diette points out that eco/organic food, personal care and cleaning products have already overcome this eco-awareness hurdle.
âWe believe sustainable apparel may be next if the industry can pull together with a similar effort to better market the category,â Christine Nardi Diette
The survey shows that shoppers seek eco-conscious apparel at mainstream retailers where they shop, suggesting those products represent an immediate growth opportunity for all apparel retailers, not just niche shops.
âWe believe thereâs a case to be made for more consistent and impactful eco-apparel product labeling and compelling point-of-sale signage. A âstore-within-a-storeâ concept for this category could significantly increase shopper perception of availability as well, eliminating a major barrier to purchase,â Christine Nardi Diette
Also, the report revealed eco-conscious consumers arenât willing to trade fit or durability, and rank a number of âsustainableâ factors at the same level of importance in their purchase decision, such as âfunâ and âfashionable.â
With the growing availability of a range of stylish yet sustainable apparel options, todayâs shoppers can have it all â if they can find it.
Waterless dyeing process
Nike, few years ago, started a partnership to pursue a waterless dyeing process to reduce the environmental impact of fabric production.
Nike says it expects DyeCooâs âSCFâ CO2 dyeing technology, to have a particularly positive impact in Asia, where much of the worldâs textile dyeing occurs. The CO2 used in DyeCooâs dyeing process is also reclaimed and reused. Benefits of the technology include no water consumption, a reduction in energy use, no auxiliary chemicals required, and no need for drying, which makes the process twice as fast as water-based dyes.
Know More Links
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Consumers Want More Eco-Friendly Apparel