Billionaire clothing dynasty heiress launches Everybody & Everyone to make fashion sustainable
“I started developing Everybody & & Everyone from the ground-up, very first by getting the very best team in location then by finding the right suppliers, partners and makers who were already making strides in the sustainability area,” Chou stated in a statement. “I desired this brand to be for every single lady, so body sustainability, positivity and inclusivity were going to be the backbone of whatever we did. We then constructed the brands sustainable & & technical pillars, which include activation, recycled, coloring & & printing, naturals done better, bio-based fibers and end usage to guarantee our items would minimize negative impacts. We are sustainable to the labels stitched into each garment.”
The new brand, which sells ladies’s clothes for every single size from 00 to 24 and at prices varying from $18 to $288 (most fall in the $50 to $150 range, offered a quick scroll through the business’s brand-new website) partners with business like Naadam and Ecoalf for sustainable cashmere and recycled materials made from plastic.
As the fashion industry has broadened, so has the wealth of the Chou household. South Ocean Knitters, the knitwear manufacturer started by Chou’s grandpa, was responsible for one of the very first foreign investments into mainland China in 1974. It is now one of the largest suppliers of knitwear worldwide, and, together with the Hong Kong manufacturer Li & & Fung, lags the Cobalt Fashion Holding corporation.
well. About 20 %of commercial water contamination worldwide can be traced to the dyeing and treatment of fabrics– and microplastics from polyester, acrylic and nylon are polluting the world’s oceans. On the other hand, the increase of quick fashion has actually motivated customers to accelerate waste. Roughly one garbage truck filled with clothing is landfilled worldwide every second, according to a 2017 report from the Ellen MacArthur Foundation. That means customers are getting rid of around $400 billion worth of valuable products every year as low rates and more “seasons” produce an impression of disposability.
For Chou, an understanding of the environmental toll that the family organisation was handling the planet started six years earlier– a few years before Iconix Brand Group acquired the China subsidiary she had actually co-founded with her daddy in a deal reportedly worth $56 million.
It was around the time that Chou had her children, she states, that she recognized the importance of making a brand name that was both inclusive and ecologically sustainable.
Some clothes are also made with fabrics that have recycled silver in them– so that the clothes can be worn numerous times without smelling or the requirement for a wash.
Digital printing is used in location of screens to avoid lots of water waste, the company stated, and numerous of the business’s fabrics are not dyed at all. instead, the business counts on an upcycling process by separating recycled fibers mechanically by color.
Everybody & & Everyone uses the lessons that Chou has actually found out about sustainability to a new style brand name that she hopes can function as a model for how to weave sustainability into every facet of the market.
The company’s attention to its environmental effect likewise encompasses its supply chain. “Most of our fabrics are knit near to where our garments are produced. That is certainly minimizing our carbon footprint,” says Chou. “I put a focus on having factories in America … our jeans is manufactured in America and in the future we’re looking at sports and t-shirts to be manufactured in America.”
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 played a role in the velocity of the market– bringing American brand names to Chinese consumers. Chou also served as the co-founder of the Beijing-based personal equity fund China Consumer Capital and as a director of Karl Lagerfeld Greater China.
of the fashion market on the environment. The textiles market mainly utilizes non-renewable
resources– on the order of 98 million lots per year. That consists of the oil to make synthetic fibers, fertilizers to grow cotton and hazardous chemicals to dye, deal with and produce the textiles utilized to make clothes. The greenhouse gas footprint from textiles production was roughly 1.2 billion loads of CO2 equivalent in 2015– more than all worldwide flights and maritime deliveries combined(and a great deal of those maritime shipments and worldwide flights were hauling clothes). The list of catastrophes that can be credited to the clothes industry extends to contamination, as
“It was six years ago I began learning more about sustainability and 5 years ago that I said that I needed to have a sustainable brand name,” states Chou.
Everyone & & Everyone has actually likewise partnered with the organization One Tree Planted to plant a tree for each purchase that’s made with the business. In addition, the company has actually computed its carbon footprint from all of its pre-launch activities and has actually bought and retired offsets to balance its emissions, Chou states.
Since that discovery, Chou dove into the world of sustainable manufacturing head-first. Through her family’s financial investment cars she has dealt with business like Modern Meadow, which utilizes bio-engineering to make leather products in a laboratory. Chou has likewise led financial investments in Thousand Fell, a soon-to-launch maker of fully recyclable shoes; Dirty Labs, which is developing more sustainable laundry cleaning items; and Carbon Engineering, which is establishing a direct air capture innovation for co2.
Veronica Chou’s family has actually made its fortune at the leading edge of the quick fashion industry through investments in business like Michael Kors and Tommy Hilfiger. Now, the heiress toan approximated $2.1 billion fortune is releasing her own business, Everybody & Everyone, to show that the fashion business can be both lucrative and ecologically sustainable. There’s no argument about the unfavorable effects
“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 stickers are all made from recycled materials that can be recycled once again.”
Veronica Chou’s family has made its fortune at the forefront of the fast fashion business through investments in companies like Michael Kors and Tommy Hilfiger. And her father, 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 brand names to Chinese customers. Since that revelation, Chou dove into the world of sustainable manufacturing head-first.”For our brand name, recycled is a big story for us,” says Chou.