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Pandemic to push sustainability in fashion sector

Wednesday, June 24, 2020

Significance

The crisis has also increased pressure on the sector to act more responsibly, socially and environmentally.

Impacts

  • Fashion brands will gain a competitive advantage by responding to consumer pressure for more transparent production chains.
  • As fashion firms integrate online and physical sale channels, their cybersecurity costs will rise.
  • The push towards environmental sustainability will expand regenerative agriculture for essential raw materials such as cotton.
  • Regenerative practices will gain traction in livestock farming for items using animal products, specifically leather.

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