· 3 min read
illuminem summarises for you the essential news of the day. Read the full piece on Business of Fashion or enjoy below:
🗞️ Driving the news: Nike is dialing back the visibility of its sustainability communications, replacing glossy reports with low-profile “impact data sheets” while its chief sustainability officer, Jaycee Pribulsky, exits after less than two years
• The move coincides with company restructuring and raises questions about how committed Nike is to publicly championing its climate and social goals
• Meanwhile, the European Union has passed sweeping new rules that make fashion brands financially responsible for the collection, reuse, and recycling of textile waste
🔭 The context: Nike is not rolling back its environmental targets, but by downplaying messaging, it reduces exposure to scrutiny at a time when accusations of greenwashing are mounting
• Rolex’s high-profile hosting of Donald Trump at the US Open reflects how luxury brands are navigating political and market risks, especially with looming tariff concerns in the US
• Under the EU’s Extended Producer Responsibility (EPR) law, member states must implement schemes within 30 months, with ultra-fast fashion firms expected to pay higher fees due to their outsized waste impact
🌍 Why it matters for the planet: Europeans discard roughly 12 kg of textiles per person each year, most of which ends up in landfill or incineration
• Shifting the cost burden from taxpayers to brands enforces the “polluter pays” principle and pressures companies to design longer-lasting, recyclable products
• If major players like Nike reduce transparency at the same time regulation ramps up, accountability and consumer trust risk being undermined
⏭️ What’s next: Nike and other global brands must balance investor, consumer, and regulatory demands for transparency with reputational risks tied to unmet targets
• EU member states will need to rapidly scale sorting and recycling infrastructure to meet the new EPR requirements
• Luxury brands like Rolex may increasingly engage with political figures to safeguard market access and mitigate regulatory threats
💬 One quote: “Nike seems to be fading its sustainability communications — putting fewer flashy reports, more dense data that you have to be quite committed to reading to find.” – Business of Fashion
📈 One stat: The EU produces 12.6 million tonnes of textile waste annually, with only a fraction currently recycled
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