Alchemist is a fashion company based in the Netherlands.
Brand Performance Check 2016
Alchemist is in process of implementing FWFs management system requirements. 68% of Alchemists 2015 production volume comes from low risk countries.
An additional 4% is being monitored by following up on an existing external audit report. This brings the monitoring percentage to 72%,which is below the monitoring threshold of 90% that is required for members after 3rd year of membership. This is mainly because Alchemist produced more in Turkey and India without fullfilling monitoring requirements. Alchemist will not continue production in Turkey in 2016, and we expect this will impact the monitoring percentage of 2016.
Because of this, together with Alchemists extensive monitoring in Portugal, FWF has awarded a good rating. Alchemist had invested strongly into monitoring its Portugese suppliers, and building their awareness about FWF membership requirements. Alchemist started a collaboration with other FWF members to assess wage levels in a shared factory in Portugal. This will help Alchemist to gain more insight into the relationship between their pricing and wages in the factory, an important step towards living wages.
In order to offer a complete collection, Alchemist has started working with several new suppliers in India. With this Alchemist is expected to increase
monitoring and due diligence in these countries to identify risks and remediate these in a timely manner. Monitoring, due diligence and remediation are challenging for Alchemist because of their small size, which makes it difficult to get the committment of suppliers to work together with the company on the implementation of the FWF Code of Labour Practices. FWF therefore recommends Alchemist to work together with suppliers that already have been audited to ensure potential risks are already identified before a business relationship is started.
Score: 59 Percentage under monitoring: 72% Category: Good
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Read more about Brand Performance Checks
- Brand Performance Check June 2016
- Brand Performance Check May 2015
- Brand Performance Check July 2014
- Social Report 2014
- Social Report 2013
"By opting for quality, we are also opting for a production method that doesn’t harm the environment or the people who make our clothes. Our mission is to combine high-fashion with a sustainable lifestyle." Caroline Mewe, owner