Sustainable Influencers Take on Fast fashion

Sustainable fashion influencer Masego Morgan embraces 'mindful consumption'. GIANLUIGI GUERCIA / AFP
Sustainable fashion influencer Masego Morgan embraces 'mindful consumption'. GIANLUIGI GUERCIA / AFP
TT

Sustainable Influencers Take on Fast fashion

Sustainable fashion influencer Masego Morgan embraces 'mindful consumption'. GIANLUIGI GUERCIA / AFP
Sustainable fashion influencer Masego Morgan embraces 'mindful consumption'. GIANLUIGI GUERCIA / AFP

Sustainable influencer Masego Morgan was shocked when a fast fashion giant offered her $1,000 for a single social media post to promote its brand.

Not only had the South African social media star never been offered that kind of money, the company represents exactly what she is against: overconsumption of cheap, planet-harming clothing made by underpaid workers, AFP said.

And she's not alone. Former "Love Island" contestant and sustainable fashion influencer Brett Staniland said he was offered close to $5,500 (5,076 euros) for a post for a major fast fashion brand, the kind of money most small or sustainable brands simply can't compete with.

Content creators like Morgan and Staniland are promoting sustainable fashion online, where fast fashion corporations with deep pockets have helped flood Instagram, TikTok and YouTube with sponsored posts encouraging viewers to buy more stuff -- largely at the expense of the planet.

This growing army of influencers are seeking to expose the environmental damage caused by huge fashion firms like Shein, H&M and Zara.

They also encourage climate-conscious fashion choices -- what Morgan calls "mindful consumption" -- asking people to buy less, or if you do have to buy, best if it's second-hand or ultra-sustainable.

"We shouldn't necessarily compete with (fast fashion) in their way... their model is already unsustainable," said Morgan, whose TikTok and Instagram pages are full of playful posts bursting with upcycled and handmade items, many of which she features more than once.

- 'Mending is revolutionary' -
Morgan started borrowing thrifted clothes from her stylish Japanese mother, who used to tell her that "mending is a revolutionary act", and encouraged her to repair clothes instead of buying new ones.

The 26-year-old, who posts much of her content from her Cape Town kitchen, said she tries to hold corporations to account instead of making people feel guilty about their choices.

Influencers like her are "agents of change", said Simone Cipriani, the chair of the UN Alliance for Sustainable Fashion and founder of the Ethical Fashion Initiative.

"They counter the negative influence of another kind of thing that you find on social media... overconsumption."

Social media has become enormously important for fashion brands, which can reach millions via influencers who show off their clothing in things like #outfitoftheday posts.

A mainstream influencer in a Western country can easily make six figures a year through sponsored content and affiliate links. And the more followers they have, the more they can charge brands.

Social media has helped boost fashion sales, with global consumption of clothing, footwear and accessories doubling since 2000, according to the Hot or Cool Institute think tank.

But that has come at a steep price for the planet. The clothing industry accounted for an estimated two percent of global greenhouse gas emissions in 2019 -- about the same as the airline industry -- according to the World Resources Institute (WRI).

Those emissions could increase by 55 percent by the end of the decade, it added. They would need to decrease by 45 percent to limit warming to 1.5 degrees Celsius as outlined in the Paris Agreement.

The environmental footprint of fashion production and consumption needs to be reduced by 60 percent in high-income countries to limit global warming, according to the Hot or Cool report.

As well as decarbonizing the fashion industry, their advice is to buy no more than five new items a year and wear clothes for longer.

- 'Up against it' -
Exposing the harmful impact of fast fashion corporations is at the core of Venetia La Manna's content.

The 33-year-old influencer has garnered a massive following online, with some 6.5 million views on TikTok and Instagram for her "Recipe for Disaster" series about the social and environmental damage done by companies like Adidas, Amazon and Nike.

She makes a decent living and works with resale sites like Vestiaire Collective, eBay and Depop. But it's not always easy competing with influencers that have the backing of fast fashion.

"We're up against it in terms of money and power," she told AFP from London.

"In the past five years, I really do feel like this issue is on the map. It used to be that plastic and food were the main focus in conversations about our environment, but now fashion is really being talked about," said La Manna.

The secondhand apparel market is booming and is expected to hit $218 billion by 2026, up from $96 billion in 2021. This is partly driven by an increasing number of resale and clothing rental firms catering to a growing class of conscious consumers.

"Love Island" star Staniland is hopeful that good-for-the-planet businesses will continue to grow on social media.

And he's notched up a few wins. The 29-year-old was instrumental in getting the show to switch their sponsor from fast fashion companies to eBay.

But for now, it can be an uphill battle. Like most sustainable influencers, Staniland has to rely on multiple income streams.

After turning down the $5,550 from a fast fashion giant, he worked with an underwear brand he believes in, ONE Essentials, but still needs his modelling to pay the bills.



LVMH Shares Drop after Missing Second-quarter Estimates

A man walks past a shop of fashion house Dior in Paris, France, April 15, 2024. REUTERS/Manon Cruz/File Photo Purchase Licensing Rights
A man walks past a shop of fashion house Dior in Paris, France, April 15, 2024. REUTERS/Manon Cruz/File Photo Purchase Licensing Rights
TT

LVMH Shares Drop after Missing Second-quarter Estimates

A man walks past a shop of fashion house Dior in Paris, France, April 15, 2024. REUTERS/Manon Cruz/File Photo Purchase Licensing Rights
A man walks past a shop of fashion house Dior in Paris, France, April 15, 2024. REUTERS/Manon Cruz/File Photo Purchase Licensing Rights

Shares in LVMH (LVMH.PA) fell as much as 6.5% in early Wednesday trade and were on track for their biggest one-day drop since October 2023 after second-quarter sales growth at the French luxury goods giant missed analysts' consensus estimate.

The world's biggest luxury group said late Tuesday its quarterly sales rose 1% year on year to 20.98 billion euros ($22.76 billion), undershooting the 21.6 billion expected on average by analysts polled by LSEG.

At 1000 GMT, LVMH's shares were down 4.5%.

The earnings miss weighed on other luxury stocks, with Hermes (HRMS.PA), down around 2% and Kering (PRTP.PA), off 3%.

Kering is scheduled to report second-quarter sales after the market close and Hermes reports on Thursday, Reuters reported.

Jittery investors are looking for evidence that the industry will pick up from a recent slowdown, as inflation-hit shoppers hold off from splashing out on designer fashion.

JPMorgan analyst Chiara Battistini cut full year profit forecasts by 2-3% for the group, citing softer trends at LVMH's fashion and leather goods division, home to Louis Vuitton and Dior.

"The soft print is likely to add to ongoing investors’ concerns on the sector more broadly in our view, confirming that even best-in-class players like LVMH cannot be immune from the challenging backdrop," said Battistini in a note to clients.

The weakness of the yen, which has prompted a flood of Chinese shoppers to Japan seeking bargains on luxury goods, added pressure to margins, another source of concern.

Equita cut 2024 sales estimates for LVMH by 3% - attributing 1% to currency fluctuations - and lowered its second half organic sales estimate to 7% growth from 10% growth previously.

The lack of visibility for the second half beyond the easing of comparative figures - as the Chinese post-pandemic lockdown bounce tapered off a year ago - is unlikely to improve investor sentiment to the luxury sector, Citi analyst Thomas Chauvet said in an email to clients.

"No miracle with the luxury bellwether; sector likely to remain out of favour," he wrote.

Jefferies analysts said the miss came as investors eye Chinese shoppers for their potential to "resume their pre-COVID role as the locomotive of industry growth and debate when Western consumers will have fully digested their COVID overspend".

LVMH shares have been volatile since the luxury slowdown emerged, and are down about 20% over the past year, with middle-class shoppers in China, the world's No. 2 economy, a key focus as they rein in purchases at home amid a property slump and job insecurity.

LVMH offered some reassurance, with finance chief Jean-Jacques Guiony telling analysts during a call on Tuesday that Chinese customers were "holding up quite well," while business with US and European customers was "slightly better".