Sustainability in luxury and fashion: Time for action

This Euromonitor report explores the actions that luxury and fashion market players need to put in place in order to address their imminent climate and social risks.
  • Sustainable fashion will increasingly make economic sense, as natural resources deplete and policy-makers change the law to force a transition towards mandatory climate risks reporting and greater circularity.
  • Brands and retailers need to communicate well on the “value” they bring beyond the price, increasing the appeal of durability, resale, rental and repair.
  • Gen AI has the potential to reshape the fashion industry towards a more environmentally friendly and socially responsible future....

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