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The Business of Fashion Podcast

Welcome to Season 2 of Drive | Drive

The Business of Fashion Podcast

The Business of Fashion

Fashion & Beauty, Business, Arts

4.6770 Ratings

🗓️ 27 September 2019

⏱️ 2 minutes

🧾️ Download transcript

Summary

In a new season of our entrepreneurship podcast series, we hear from six of fashion’s most dynamic sustainable entrepreneurs — Allbirds’ Tim Brown, Eileen Fisher, Everlane’s Michael Preysman, Reformation's Yael Aflalo, Ganni’s founder and Noah's founder — to hear what it takes to make successful businesses sustainable.

The first episode with Allbirds’ Tim Brown launches on October 12, 2019.

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Transcript

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0:00.0

I'm Imran Ahmed, founder and CEO of the Business of Fashion, and welcome to the second season of Drive, delivered by D.HL.

0:08.0

9 out of 10 Gen Z consumers believe companies have a responsibility to address societal and environmental issues.

0:16.0

So sustainable business practices are rapidly evolving from simple branding and marketing fodder

0:22.6

into real authentic values built right into the DNA of business models of some of fashion's most exciting new companies

0:29.6

founded by the industry's most dynamic entrepreneurs.

0:33.3

Across these six episodes, we'll meet inspiring individuals, including Allbirds Tim Brown,

0:39.7

Sustainable Pioneer Eileen Fisher, Nikolai Refstrapp of Ghani and Reformation's Yael Aflalo

0:46.7

to share the lessons they learned and the mindsets required to create a sustainable fashion business today.

0:53.6

There's a global customer, a young global

0:56.9

customer that all cares about the same thing, that is starting to demand to know the provenance

1:02.0

of the things that they wear and buy, and that customer has the same empathy and urgency for the

1:07.3

impending environmental crisis wherever they live. The biggest and most important thing with sustainability,

1:12.4

I mean, I feel like, yes, it's super important to have a holistic approach.

1:15.8

But you also think about, okay, what are the one or two things that I can do

1:18.7

that are going to have the biggest impact for the smallest lift?

1:21.4

And like, that's really how we think about it, and that is fiber.

1:24.0

Looking back, I think it's not that we did anything outrageous, but we had one thing that

1:29.6

I think a lot of brands still today lack, and that's a willingness to spend money on this,

1:34.6

like a certified garment or fabric would typically cost you 8, 10% more than a conventionally fabric.

1:41.1

Quite often it's down to how much money are you willing to spend.

1:44.8

Sustainable entrepreneurial success doesn't happen in a straight line, and nor does it come easy.

1:51.1

Indeed, the ability to adapt to new challenges and opportunities also requires a special kind

...

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