Fashion Won’t be Sustainable Without Government Oversight
The fashion industry is in turmoil. The ongoing pandemic left a deep mark, with the majority of brands facing significant drops in revenue. 2020 marks the worst year to date, with a reported 90% decline in economic profit across the industry. The pandemic has also further accelerated digitization in fashion, leading to an unparalleled shift in consumer behavior. Consumers are “embracing digital innovations like live streaming, customer service video chat,and social shopping”, putting pressure on fashion companies and brands to quickly find their sweet spot in a digitalworld. […]
How Governments Can Kick-off the Future of Fashion
Embracing digitization can make the fashion industry more sustainable and lucrative. What could help the Fashion industry and its sustainability challenges? Digitalization is a tool to interconnect theSupply Chain. It presents many benefits such as engaging customers via product communication, enhancing traceability, and thus, increasing transparency; procurement with AI helps predict demand and ultimately reduce overproduction, and smart manufacturing helps manage resource consumption. Producing sustainably is one step,producing less is more crucial. Smaller production volumes sound counter-intuitive when targeting economic growth. It is, in fact, a measure usually connotated with crisis management. However, decreasing production volume does notneed to decrease profits but rather to […]
Free Ethical Fashion Resource Guide
Fashion 4 Development & C.L.A.S.S. Eco Hub launched The ReClothe Resource Guide during a virtual exhibit in April calledDiscover the SDGs – To Make Peace With Nature — a virtual hub convened by the United Nations Office for Partnerships. “We invited some of the most progressive and forward-thinking companies in the market to share their unique […]
186 Children Were Murdered — So I Stepped Off the Catwalk And Became a Super Role Model
In just a few short years, Natalia Vodianova went from peddling fruit on the streets of Nizhny Novgorod, Russia, where she grew up with a single mom and disabled sister, to becoming one of the most sought after fashion models in the world. Vodianova has walked countless runways and became the face for Gucci, Yves […]
