Galeries Lafayette launches a new CSR strategy
What: Galeries Lafayette unveils comprehensive CSR strategy focusing on commerce reinvention, nature preservation, and human development.
Why it is important: The voluntary partnership approach with brands represents a new model for implementing sustainability in retail, balancing ambition with practical implementation.
Galeries Lafayette has announced its new CSR strategy “Rêvons Demain” towards 2030, building on the success of its previous sustainability initiatives. The plan focuses on three key axes: reinventing commerce, respecting nature, and revealing the company's human dimension. The group has already exceeded its initial "Go for Good" target, achieving 28% of products meeting responsible criteria, and now aims to reach 35% by 2030 across a broader scope of operations. Notable achievements include integrating 69% responsible products in private labels, raising EUR 3.8 million for associations, reducing energy consumption by 29%, and achieving 64% waste sorting. While Made in France initiatives have faced market challenges, the company has successfully expanded into second-hand retail across multiple categories. The strategy emphasizes voluntary brand participation rather than mandatory requirements, recognising upcoming regulatory changes while fostering collaborative progress.
IADS Notes: Galeries Lafayette's ambitious sustainability targets reflect a year of strategic transformation in circular retail. The expansion of second-hand offerings has been particularly notable, with July 2024 marking the launch of (Re)-Store Kids, extending circular economy practices into new segments. This evolution continued in January 2025 through the partnership with Cent Neuf, which brought carefully curated vintage collections to both women's and men's departments, demonstrating how traditional retail can successfully integrate second-hand offerings while maintaining premium positioning. These initiatives align with the group's broader strategy of achieving 35% "Go for Good" products by 2030, showing how department stores can balance sustainability goals with commercial performance through strategic partnerships and phased implementation.
