Ethics within the clothing retail sector 02225 Essay

Ethics within the clothing retail sector 02225 - Essay Example In addition, competition is increasing in the high street clothing retail chains. Therefore, they are using the CSR strategies to increase sustainability and growth. During the years 2011 to 2012, they promoted more green production. Alhaddi (2014) stated that retailers are promoting highly recycling products, eco friendly products, and fair trading policies. Clothing retailers are using most emerging technologies for reducing waste in operations. They are adopting socially responsible strategies to maintain the welfare of external stakeholders. Alternate energy resources are being used by the organisations to conserve the conventional resources (Azmat and Zutshi, 2012). In the current study, corporate social responsibility and ethical issues are discussed in depth with the help of different real life ethical firms. The researcher will be using the examples of Next, Arcadia Group, Primark Stores, TK Maxx, Matalan, and New Look Group. Clothing retail firms are facing huge competition in the UK base fashion retail market. Organisations are maintaining ethical strategies in order to achieve sustainability. Corporate social responsibility is one of the major used strategies for increasing sustainability in the international clothing retail market. Organisations are looking for obtaining growth and sustainability. Corporate social responsibilities of the major retail firms are concentrated on the segments like social, ethical and environment. The firms are planning to provide proper value to the external stakeholders. In addition, BubnaLitic (2009) stated that CSR strategies are orienting the equity shareholders in the global financial market. On the contrary, if the investors are not oriented they will not interest or motivated to make the further investment in fashion retailers. Business operations will be controlled efficiently, productively and sensibly by the use of efficient strategies and CSR polices also