An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
WILLIAMS-SONOMA, INC. PARTNERS WITH NEST ETHICAL HANDCRAFT™ PROGRAM TO EMPOWER FEMALE ARTISANS GLOBALLY
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary
Williams-Sonoma, Inc. (NYSE: WSM) has committed to purchase $50M in Nest Ethical Handcraft™ products by 2025 to support global artisans, particularly women. This partnership highlights their ongoing collaboration since 2014 to establish ethical standards for crafting, benefitting over 3,600 artisans across 25 countries. Additionally, Williams-Sonoma aims for 75% of its products to meet social and environmental initiatives by 2030, representing $1B in purchases annually. Their commitment underscores a dedication to sustainability and community well-being.
Positive
Commitment of $50M to purchase Nest Ethical Handcraft™ products by 2025.
Partnership aims to support over 3,600 global artisans, primarily women.
Goal to have 75% of products meet social/environmental standards by 2030, totaling $1B in annual purchases.
Negative
None.
WSI Has Committed to Purchase $50M in Nest Ethical Handcraft™ Products By 2025
SAN FRANCISCO--(BUSINESS WIRE)--
Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, announced plans to celebrate International Women’s Day in partnership with the Nest Ethical Handcraft™ Program to showcase the work of the more than 3,600 global artisans who produce over 400 ethically handcrafted products for the Williams-Sonoma, Inc. family of brands.
Since 2014, Nest and Williams-Sonoma, Inc. have worked together to develop an industry-recognized set of compliance standards for home-based craft production - a fundamental source of employment for women around the world. The combined efforts of Nest and WSI have resulted in establishing the Nest Seal of Ethical Handcraft™ which now plays a pivotal role in protecting the rights and privileges of women artisans around the world. To date, the program has impacted tens of thousands of handworkers, the majority of whom are women, across 25 countries.
As part of Williams-Sonoma, Inc.’s longstanding commitment to supporting global craft traditions, the company has committed $50M to purchase Nest Ethical Handcraft™ products. The commitment is part of the company’s pledge to have 75% of all Williams-Sonoma, Inc. products meet one or more of the company’s social and environmental initiatives by 2030 – a commitment that represents $1B in product purchases annually.
“We are proud to partner and invest in organizations that positively impact and prioritize the well-being of our workers,” said Laura Alber, President and Chief Executive Officer of Williams-Sonoma, Inc. “These partnerships create resilience in our supply chain and opportunities for our customers to support and celebrate artisan craft communities around the world.”
“For centuries, women around the world have engaged in craft from their homes showing an unwavering commitment to preserving their important cultural traditions,” said Nest’s founder Rebecca van Bergen. “Our data shows that 80% of female Nest workers use their fair wage income for their children's education. We’ve also learned that 86% of the women in our program would encourage their children to continue their craft, showing the integral role participation in Nest programs can play in community development and the preservation of cultural heritage.”
For more information about how Williams-Sonoma, Inc.’s family of brands is celebrating International Women’s Day in partnership with Nest, please visit:
Williams-Sonoma, Inc. is the world’s largest digital-first, design-led and sustainable home retailer. The company’s products, representing distinct merchandise strategies — Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, and Mark and Graham — are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, our free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offer international shipping to customers worldwide, and have unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico, South Korea and India, as well as e-commerce websites in certain locations. We are also proud to lead the industry with our ESG efforts. Our company is Good By Design — we’ve deeply engrained sustainability into our business. From our factories to your home, we’re united in a shared purpose to care for our people and our planet.