Online Retailer Takes a Stand Against Animal Suffering in Fashion Industry
- ASOS stops selling silk and cashmere products
- Updates animal welfare policy
- Stops sale of angora, feather/down, bone, horn, and shell products
- Only sells leather, wool from meat industry suppliers with good husbandry
- Working with industry expert groups on animal welfare standards
- Suppliers must provide info on animal species and origin
- Synthetic materials to be clearly labeled as faux
Online retail giant ASOS has recently announced an update to its animal welfare policy, which includes the discontinuation of selling products made from silk and cashmere, as well as angora, feather/down, bone, and shell. The company is also committed to only selling leather and wool sourced from suppliers with good husbandry practices within the meat industry. ASOS believes that animals should not be subjected to suffering for fashion or cosmetics purposes. As a member of the Leather Working Group, they are dedicated to collaborating with industry experts in developing and implementing animal welfare standards and transparency throughout the leather supply chain. The retailer has requested its brand suppliers, including Outlet, to provide details on the animal species used in their products and their country of origin. Additionally, synthetic materials that resemble animal products must be clearly labeled as faux in product descriptions and care labels. This policy applies to all ASOS Brand suppliers and marketplace sellers.
Factuality Level: 10
Factuality Justification: The article provides accurate information about ASOS’s updated animal welfare policy and its commitment to improving animal welfare standards in its supply chain. It includes specific details about the types of materials it will no longer sell and its efforts to work with industry experts on this issue.
Noise Level: 3
Noise Justification: The article provides relevant information about ASOS’s updated animal welfare policy and its commitment to improving standards in the fashion industry. It is informative without being overly noisy or repetitive.
Financial Relevance: Yes
Financial Markets Impacted: ASOS’s decision may impact its sales and reputation, affecting its stock price and partnerships with suppliers.
Financial Rating Justification: The article discusses ASOS’s updated animal welfare policy which can affect the company’s financial performance through changes in sales and partnerships.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event mentioned in the article, but ASOS’s updated animal welfare policy has a minor impact on its supply chain and product offerings.
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