Mizoram Impact Consulting Council, WICCI

  Introduction The Red Sea crisis, ignited by attacks on commercial ships by Houthi rebels since December 18th, 2024, near the Bab el-Mandeb Strait, has reverberated throughout the global trade and shipping industry. This article explores the multifaceted impact of these events on global supply chains and sustainability, analysing short-term disruptions and proposing potential  Solutions to address the challenges posed by this crisis. Event Overview The attacks on commercial ships in the Red Sea prompted seven of the largest shipping companies globally to reroute traffic away from the Red Sea, a critical shipping lane facilitating about 11 percent of global maritime trade volume annually. The strategic importance of the Bab el-Mandeb Strait, with its narrowest point at 25 km, cannot be overstated, as it serves as a vital link between Asia, Europe, and Africa, handling 30% of global container trade, including seaborne oil and LNG shipments. Cargo ships are being rerouted throug...

Image via Glossier Instagram Authored by: Dhanshri Parob INTRODUCTION Glossier, conceived by American businesswoman Emily Weiss, originated as an extension of her popular beauty blog, Into The Gloss. This blog tracked beauty trends and featured celebrity interviews about their favourite beauty products. The cosmetic company was founded in 2014, initially only operating online. The pandemic surge propelled Glossier to become a leading product in the market. Following the pandemic, the brand expanded to offline stores and collaborated with significant beauty retailers like Sephora in the United States. Weiss identified and capitalised on the emerging trend of makeup minimalism, positioning Glossier as the face of the trend. At its peak in 2021, Glossier reached a valuation of 1.8 billion US dollars (Gross, 2019). THE STORY Weiss started her blog Into The Gloss in September 2010, when she worked as a fashion assistant for the American edition of fashion magazine Vogue. The website gained ...

Women's Leadership in Ethical Fashion: A Catalyst for Industry Transformation Author: Prapti Jain  Image Source : Morning Brew/Unsplash and Artem Beliaikin/Pexels  Abstract This research explores the pivotal role of women's leadership in driving ethical practices within the fashion industry. Investigating the intersection of gender dynamics and ethical fashion, the study delves into the research question of how women leaders influence positive transformation. The methodology involves a comprehensive review of literature, case studies, and interviews with prominent women leaders in the ethical fashion sector. Results underscore the impact of women's leadership in fostering sustainability, transparency, and social responsibility. The article concludes with implications for the industry and suggestions for future research Introduction In the backdrop of escalating environmental concerns and ethical considerations in the fashion world, this article addresses the vital role wome...

Challenges Faced by Social Impact Firms in India  Authored by AKSHA JAIN, University of Delhi With a large population, India is a nation with many social and economic problems. With high levels of inequality, restricted access to essential services like healthcare and education, and little economic possibilities for disadvantaged populations, poverty and marginalization are pervasive. A viable way to address these issues is through social entrepreneurship, which establishes long-lasting companies that put the welfare of society and the environment ahead of financial gain. Businesses with a social or environmental goal at their heart are known as social enterprises, and they solve social and environmental problems with market-based solutions. Social impact firms are organizations that prioritize creating positive social and environmental change alongside financial sustainability. They operate in a unique space, blending elements of traditional businesses with a strong focus on purpo...