Continuing from our previous blog post, here are more recent developments and news related to sustainability and circularity in the textile and fashion industry
The textile and fashion industry is one of the largest industries in the world, employing millions of people and generating billions of dollars in revenue.
In recent years, the effects of climate change have led consumer behaviours become more environmentally aware. The textile industry is also adapting to these consumer habits and making strides toward sustainability.
Fashion companies that adapt to shifts in the industry’s merchandising model can create a competitive advantage In a dynamic and increasingly digital apparel, fashion, and luxury market, companies that get merchandising right tend to outperform their peers.
Sourcing executives expected to harness digitization and new business models to improve predictability, efficiency, decision making, and accuracy-not just in sourcing, but across the business.
Digitization is a critical topic for apparel companies worldwide. Today some companies are making significant progress with digitization -to reduce lead times.
Introducing circular fashion: the shopping concept that could save the planet
The industry’s popular new idea could finally be an authentic way of reconciling a love of fashion with sustainability.