Working flat out - the child labour behind your Egyptian cotton sheets - Business & Human Rights Resource Centre business-humanrights.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-humanrights.org Daily Mail and Mail on Sunday newspapers.
Since 2020: Reduced
The risk of future mandatory closure of nonessential retail stores due to the ongoing Covid-19 pandemic is a significant ongoing risk for Card Factory. Loss of revenue from the store estate, which accounts for the majority of sales, would impact the Group s liquidity. Any lasting shift in shopper behaviours following the pandemic may further impact performance of our stores.
We have successfully secured additional bank facilities that provide additional liquidity, should further store closures be required, however, further agreements with our banks may be necessary, if any additional periods of closure are prolonged. Alteration to our store estate may be required - our short lease terms allows us to review locations and hold constructive discussions with landlords to manage our property costs. Investment in capacity to meet online sales demand and diversification of sales with retail partners provides other routes to the customer, via essential retailers .
   Â
The fashion brand that is not only beautiful but employs local Kenyan artisans and helps clean the beach too
When was your green lightbulb moment?
It all began in 2006 when I was on holiday in South Africa and was awestruck by the artistry of the hand-beaded sandals from Kenya, and the intricately adorned belts. At the time I was working for the charity, Business in the Community and was keen to set-up my own business with âgiving-backâ and sustainability at the heart of its purpose. I established Aspiga, setting out to stimulate the economies of these talented artisans whilst providing beautiful, quality, handmade goods using sustainable fabrics.  In partnership with the Kenyan artisans, we developed a range of sandals which I launched in London to great success. Iâve built the business from here.
Sustainable beauty: A tailor-made, plant-based approach for tomorrow’s cosmetics
Sponsored article Share:
With the growth of public awareness around the environmental impact of human consumerism, climate change and pollution issues have become some of the factors of engagement in creating a more sustainable way of living. For companies, it is an opportunity to take salutary measures that will revolutionize, for good, their sectors of activity.
The revolution of “Sustainable beauty” has become a thriving market and has been booming for the past few years. In 2019, it was estimated at $39 billion and could reach $48 billion by 2024, growing at a rate of 5.7%. [1]