INDUSTRY GROWTH AT RISK
In the past decade, the global fashion industry has been an engine for global development and made progress on sustainability. Awareness is growing and individually, companies are optimizing business practices to limit their negative impact. But with current trajectories of production and consumption, pressures on natural resources and social conditions will intensify by 2030 to the point of threatening industry growth itself.
A LANDSCAPE FOR CHANGE
Improving its environmental and social performance would not just advance the industry’s commercial prospects. It would also add as much as €160 billion by 2030 in annual value for the world economy. To point the way toward a better fashion industry, the Pulse of the Fashion Industry report lays out the "Landscape for Change".