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One year since its launch by French President Emmanuel Macron, the Fashion Pact membership has doubled to over 60 signatories, covering multiple sectors and 14 countries. Together they represent over 200 brands and a third of the fashion industry.
The fragmented re-opening of schools, businesses and public spaces in the U.S. means this fall will not look or feel like previous years, but with the unofficial start to the season a mere two weeks away, it’s time for brands and retailers to think about how consumers will want to renew their closets for cooler months ahead.
Despite the global Covid-19 crisis, fashion remains a consumption driver for shoppers in Europe, with a focus on eco-responsibility and local production. But, ‘revenge shopping’ remains high among the public which may threaten this sustainable objective.
Italian fashion house Gucci has published its environmental profit and loss results for 2019 and reports a 21 percent reduction of total footprint year-over-year.
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