LVMH has signed a fur and leather supply control agreement
LVMH Moët Hennessy Louis Vuitton announced Wednesday that it is introducing a charter to control the supply of animal products, including fur and leather. This was announced during Paris Fashion Week at the French conglomerate Future Life event, where Stella McCartney took over as president’s new Special Advisor on Consumer Responsibility and the Environment (sustanbility) LVMH Bernard Arnault.
In July, McCartney closed a deal with LVMH after leaving the Kering Group. While she is a vegan and her fashion brand does not use genuine leather, fur and feathers in production, the LVMH fashion house includes a dozen fashion brands, including Louis Vuitton, Celine, Givenchy, Berluti and Dior, who actively use all in their production these materials.
The new LVMH charter implies full traceability of the supply of leather, fur and other things and the concern only works with suppliers who follow strict animal protection rules.
The plan includes new LVMH standards for the more responsible use of crocodile leather, in order to preserve this species, and to draw the attention of the communities where crocodile farms are based to improve animal welfare and protect the environment.
The shoe industry accounts for more than half of the use of genuine leather and, according to experts, the new LVMH rules can affect the supply chain of the holding’s shoes, and in turn, its policy will affect the industry as a whole.
LVMH Moët Hennessy Louis Vuitton announced Wednesday that it is introducing a charter to control the supply of animal products, including fur and leather. This was announced during Fashion Week in ...
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Analysis of the company's performance is an important quality of a manager. Many indicators in the retail business are subject to analysis, primarily - sales planning and inventory balances, KPI performance by employees, the effectiveness of marketing campaigns, the number of sellers, their work schedules and many other factors that affect the final result of the store. In this material, SR expert on increasing sales in shoe retail Evgeny Danchev, using the Pareto principle, understands the reasons why revenue and volumes of goods sold are distributed very unevenly between weekdays and weekends. The author is confident that the Pareto principle is indispensable in the systemic analysis of sales management efficiency and sales results. But it is important to apply it correctly and interpret its meaning.
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“How do you charge your consultants for personal or general sales?” Is one of the most popular questions causing a lot of controversy and gossip on the online forums of retail business owners. Indeed, how to properly form the earnings of sellers? But what about bonuses, where to get a sales plan from, do employees allow them to buy goods at discounted stores? In search of truth, the Shoes Report turned to a dozen shoe retailers, but no company wanted to disclose its motivation system - the process of its development was too complicated and individual. Then we asked four business consultants, and finally became convinced that the topic of seller motivation is very complex, because even our experts could not come to a common opinion.
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Retail Arithmetic
Before you begin to solve specific problems, you need to find out how accurately all the leaders of your company understand the basic terminology of retail.
How to fire a worker without tears, scandal and trial
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