Billionaire clothing dynasty heiress launches Everybody & Everyone to make fashion sustainable
“For our brand, recycled is a huge story for us,” says Chou. “Our tee shirts, our socks, our product packaging, our mailers, our labels, our sticker labels are all made from recycled materials that can be recycled once again.”
well. About 20 %of industrial water pollution internationally can be traced to the dyeing and treatment of textiles– and microplastics from polyester, acrylic and nylon are polluting the world’s oceans. Meanwhile, the increase of fast fashion has encouraged consumers to accelerate waste. Roughly one garbage truck complete of clothing is landfilled all over the world every 2nd, according to a 2017 report from the Ellen MacArthur Foundation. That suggests customers are throwing away around $400 billion worth of valuable goods every year as low prices and more “seasons” produce an illusion of disposability.
For Chou, an understanding of the ecological toll that the household service was taking on the planet started six years ago– a few years prior to Iconix Brand Group obtained the China subsidiary she had co-founded with her father in a deal reportedly worth $56 million.
Everyone & & Everyone uses the lessons that Chou has discovered about sustainability to a brand-new style brand that she hopes can work as a design for how to weave sustainability into every element of the market.
The company’s attention to its environmental impact likewise extends to its supply chain. “Most of our fabrics are knit near where our garments are manufactured. That is certainly reducing our carbon footprint,” says Chou. “I put a focus on having factories in America … our jeans is produced in America and in the future we’re taking a look at athletics and t-shirts to be made in America.”
Some clothes are also made with fabrics that have recycled silver in them– so that the clothing can be used numerous times without smelling or the need for a wash.
“It was 6 years ago I began finding out about sustainability and 5 years ago that I stated that I needed to have a sustainable brand,” says Chou.
Everyone & & Everyone has likewise partnered with the organization One Tree Planted to plant a tree for each purchase that’s made with the business. In addition, the business has determined its carbon footprint from all of its pre-launch activities and has bought and retired offsets to balance its emissions, Chou states.
of the style market on the environment. The fabrics industry mostly utilizes non-renewable
resources– on the order of 98 million heaps annually. That includes the oil to make artificial fibers, fertilizers to grow cotton and poisonous chemicals to color, deal with and produce the textiles utilized to make clothing. The greenhouse gas footprint from textiles production was roughly 1.2 billion lots of CO2 equivalent in 2015– more than all international flights and maritime shipments integrated(and a great deal of those maritime deliveries and worldwide flights were transporting clothing). The list of disasters that can be credited to the clothing industry reaches contamination, as
Since that revelation, Chou dove into the world of sustainable production head-first. Through her family’s financial investment automobiles she has worked with business like Modern Meadow, which uses bio-engineering to make leather items in a laboratory. Chou has actually likewise led investments in Thousand Fell, a soon-to-launch maker of totally recyclable shoes; Dirty Labs, which is establishing more sustainable laundry cleaning items; and Carbon Engineering, which is establishing a direct air capture innovation for co2.
As the style organisation has actually broadened, so has the wealth of the Chou household. South Ocean Knitters, the knitwear producer begun by Chou’s grandpa, was accountable for among the very first foreign investments into mainland China in 1974. It is now one of the biggest suppliers of knitwear in the world, and, together with the Hong Kong producer Li & & Fung, is behind the Cobalt Fashion Holding corporation.
Digital printing is used in location of screens to prevent lots of water waste, the company stated, and numerous of the business’s fabrics are not dyed at all. rather, the business relies on an upcycling procedure by separating recycled fibers mechanically by color.
“I started developing Everybody & & Everyone from the ground-up, very first by getting the very best team in location then by discovering the right vendors, producers and partners who were currently making strides in the sustainability space,” Chou stated in a statement. “I wanted this brand name to be for every female, so body inclusivity, positivity and sustainability were going to be the backbone of everything we did. We then constructed the brand names sustainable & & technical pillars, which include activation, recycled, coloring & & printing, naturals done much better, bio-based fibers and end use to ensure our products would lessen negative effects. We are sustainable down to the labels stitched into each garment.”
Veronica Chou’s household has actually made its fortune at the leading edge of the quick fashion industry through investments in business like Michael Kors and Tommy Hilfiger. Today, the heiress toan estimated $2.1 billion fortune is launching her own company, Everybody & Everyone, to show that the fashion business can be both environmentally sustainable and lucrative. There’s no argument about the unfavorable effects
The brand-new brand name, which sells women’s clothes for each size from 00 to 24 and at prices ranging from $18 to $288 (most fall in the $50 to $150 range, offered a quick scroll through the company’s brand-new website) partners with companies like Naadam and Ecoalf for sustainable cashmere and recycled materials made from plastic.
And her dad, Silas Chou, made millions as a financier in Michael Kors and Tommy Hilfiger. As an executive at Iconix Brand Group China, Veronica Chou contributed in the velocity of the industry– bringing American brand names to Chinese consumers. Chou likewise worked as the co-founder of the Beijing-based personal equity fund China Consumer Capital and as a director of Karl Lagerfeld Greater China.
It was around the time that Chou had her children, she states, that she understood the significance of making a brand that was both inclusive and environmentally sustainable.
Veronica Chou’s family has made household fortune at the forefront of the leading edge fashion business through investments in companies like Michael Kors and Tommy Hilfiger. And her daddy, Silas Chou, made millions as a financier in Michael Kors and Tommy Hilfiger. As an executive at Iconix Brand Group China, Veronica Chou played a role in the acceleration of the market– bringing American brands to Chinese customers. Because that discovery, Chou dove into the world of sustainable manufacturing head-first.”For our brand, recycled is a big story for us,” states Chou.