Tag #Ethical Consumption

Showing 13 to 14 of 14 results

bbc.com

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Jan 19, 04:06

Shein's Profits Double Amidst Ethical Concerns

Shein, a Chinese fast-fashion giant, reported a doubling of UK profits to over £24 million in 2023 despite facing scrutiny over its labor practices, including a BBC investigation revealing 75-hour workweeks for some employees, violating Chinese labor laws; however, millions of consumers continue to ...

Shein's Profits Double Amidst Ethical Concerns

Shein, a Chinese fast-fashion giant, reported a doubling of UK profits to over £24 million in 2023 despite facing scrutiny over its labor practices, including a BBC investigation revealing 75-hour workweeks for some employees, violating Chinese labor laws; however, millions of consumers continue to ...

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Decent Work and Economic Growth

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What is the impact of Shein's low prices on its workers and its overall business success, given recent ethical concerns?

Shein, despite facing criticism for its labor practices and environmental impact, continues to thrive due to its affordability. A BBC investigation revealed 75-hour workweeks for some employees, violating Chinese labor laws, yet sales reached an estimated $36.9 billion in 2023, with UK profits doubling to over £24 million. Consumers like Emily Morris cite affordability as the primary reason for shopping at Shein, highlighting the challenges of balancing ethical concerns with economic realities.

zeit.de

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Dec 6, 07:09

Sustainability in German Gift Buying: Low Premium Willingness, Except for Younger, Higher-Income Groups

A YouGov survey reveals that only 7% of German consumers would pay a significant premium for sustainable gifts, while 44% would pay a moderate premium; sustainability ranks lower than price and usefulness in gift purchasing criteria; younger consumers and higher earners show greater willingness to p...

Sustainability in German Gift Buying: Low Premium Willingness, Except for Younger, Higher-Income Groups

A YouGov survey reveals that only 7% of German consumers would pay a significant premium for sustainable gifts, while 44% would pay a moderate premium; sustainability ranks lower than price and usefulness in gift purchasing criteria; younger consumers and higher earners show greater willingness to p...

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Responsible Consumption and Production

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How does the willingness to wait for gifts affect consumer choices regarding sustainability compared to paying a higher price?

The survey reveals a low prioritization of sustainability in gift-buying, with only 19% citing it as important compared to price-performance ratio (62%) and usefulness (51%). Younger demographics and higher earners show greater willingness to pay more for ethical products, highlighting a correlation between income, age, and sustainable consumption. The disparity suggests a market segment open to premium sustainable products, though limited in size.

Showing 13 to 14 of 14 results