'Forever 21' recently teamed up with 'Soles4Souls' for a charitable promotion. While fast fashion retailers are not usually associated with charitable initiatives, Forever 21 is looking to change that perception. The popular fashion brand is looking to give back this holiday season with a generous new campaign.
Soles4Souls is a nonprofit company that operates according to the 'buy one, give one' model. Forever 21 plans to adopt the same philosophy for the holiday season. Throughout the month of December, Forever 21 will donate one item of clothing for each piece of outwear that is purchased. With the holiday season fast approaching, the brand expects to make a significant charitable contribution.
The charitable promotion demonstrates one of the ways that fast fashion retailers can help promote corporate social responsibility.
Charitable Fast Fashion Campaigns
This Retailer is Launching a New Charitable Promotion
Trend Themes
1. Charitable Fast Fashion - Fast fashion brands teaming up with nonprofit companies to increase their corporate social responsibility
2. Buy One, Give One - 'Buy One, Give One' models becoming popular in retail promotions
3. Holiday Charitable Campaigns - Holiday season becoming a popular time for retailers to launch charitable campaigns
Industry Implications
1. Fashion Retail - Fashion retailers are adopting charitable initiatives to build their brand image
2. Nonprofit - Nonprofit organizations are finding new partnerships with fashion retailers
3. Corporate Social Responsibility - Increasing importance of corporate social responsibility in the retail industry