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  1. Aug 11, 2023Learn how the fashion industry faces challenges such as raw materials costs, carbon footprint, unsold inventory, and poor working conditions. Discover solutions and examples of how technology and innovation can help the industry become more socially and environmentally sustainable.
  2. heuritech.com

    Aug 7, 2024In 2024, the fashion industry will navigate significant challenges. Key issues include sustainability and greenwashing, with a growing demand for genuine eco-friendly practices. Supply chain disruptions from geopolitical tensions and climate change necessitate resilient strategies. Economic downturns and high inflation impact consumer spending.
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  4. Jan 2, 2023During the past few years, the fashion industry has become more conscious of its issues and has started to address the problem. In fact, fashion accounted for $618 million in MIV when it comes to ...
  5. businessoffashion.com

    Nov 11, 2024The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025.
  6. mckinsey.com

    Mar 28, 2024Fashion brands, big and small, have made ambitious, public commitments to creating more sustainable apparel by 2030. But keeping pace with their decarbonization commitments has been a challenge across the industry. About two-thirds of brands, according to a new McKinsey analysis, are behind on their own decarbonization schedules, and 40 percent have seen their emissions output increase since ...
  7. mckinsey.com

    Nov 11, 2024The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze. ... The State of Fashion 2025: Challenges at every turn. November 11, 2024 ... Those who choose to approach sustainability with a long-term mindset even while battling short-term ...
  8. genevaenvironmentnetwork.org

    Nov 28, 2024Learn about the environmental and social costs of fast fashion, and the challenges and opportunities for a shift to sustainable fashion. Find resources on the impacts of the fashion industry, the circular economy, and international cooperation on the issue.
  9. mckinsey.com

    The fashion industry is currently facing significant economic and geopolitical challenges. ... It took us a couple of years to really create awareness for the topic and for the industry to accept that sustainability is a big topic—not only on CO 2, but also on worker rights, worker conditions, and pollution in a much broader sense. The ...
  10. tandfonline.com

    Aug 9, 2023Scholarly contributions addressing sustainability in the fashion industry consistently exhibit a common pattern of identifying and framing challenges associated with the implementation of sustainable practices throughout all stages of the supply chain. ... Hur, E, and T. Cassidy. 2019. "Perceptions and Attitudes towards Sustainable Fashion ...
  11. voguebusiness.com

    In the past year, the focus around sustainable fashion has continued to grow, as industry leaders made pledges to sustainability at COP26, accelerated material innovation and began to explore circularity. Most importantly, a growing realisation emerged that climate change is as much about equity as it is about carbon footprints.
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