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Honest By
Honest by' is the first company in the world to share the full cost breakdown of its products. The company operates with a 100% transparency policy. Every part of the collaboration process is transparent, including the store mark up calculations. 'Honest by' conducts extensive research into the sources of the raw materials and traces back the origins of fabrics and trimmings used in the products. In communicating all information regarding a garments production process 'Honest by' wants to shed light on the questions: where is it made and by whom.
- Website
- Country: Belgium
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Sectors:
- Clothing
- Maturity level: Start-up
Explore the Archetypes linked to this case
Combined strategies
Circular Value Creation Strategies
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Optimal product use
Optimal product use
Decreasing the amount of products needed for delivering a given amount of value. This can be realized in several ways, e.g. by shared use, by extension of the product’s lifetime,...
Value Proposition Strategies
Value network strategies
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Value network collaboration
Value network collaboration
Collaboration between different companies / government bodies, local communities, NGOs throughout the value network to achieve a common goal