Textile production tends to contribute more to climate change by consuming lake-sized volumes of fresh water, thereby making plastic pollution pervasive. Fashion industry has commissioned production in countries with little trade union representation, low pay and fragile environmental protection. As such, fashion designers are spearheading on sustainable fashion by forging an innovative vision for fashion. Meanwhile, pioneers in fashion industry face stiff competition from businesses who are increasingly focused on lowering costs and augmenting profits irrespective of the social or environmental costs.
These insights are according to the intelligence report, titled, “Fashion & Sustainability—UK—August 2019,” which has been freshly added to Market Research Hub’s (MRH) overarching repository.
Sustainability is being embraced to reinvent the fashion industry through environmentally focused production, design and consumption. Accordingly, preeminent companies such as Adidas and Nike are vying to develop a sustainable shift amid over-production and over-consumption being witnessed in fashion industry.
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In a bid to address the sustainable fashion concern, government has used carrot and stick approach and has started rewarding companies that adopt positive action to lower waste. Meanwhile, overproduction of fast fashion that will never be purchased or used has had negative influence in the fashion industry.
The aftermath of Rana building collapse has put a spotlight on the unethical working conditions of factory workers, thereby calling for an overhaul in the supply chains of big fashion retailers. Nevertheless, items in Rana building were manufactured for Primark, Benetton, Walmart, Joe Fresh, namely.
The trend of veganism has propelled animal-friendly policies and M&S has been perceived as the most ethical fashion retailer. In a bid to be more transparent, Primark publishes a Global Sourcing map on its website. Further, a few of the companies are using blockchain technology to boost sustainability.
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Fashion & Sustainability—UK—August 2019: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the fashion & sustainability—UK—August 2019 market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the fashion & sustainability—UK—August 2019 market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on fashion & sustainability—UK—August 2019.
An insightful and deep-dive assessment of the competitive assessment of the fashion & sustainability—UK—August 2019 market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the fashion & sustainability—UK—August 2019 market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Fashion & Sustainability—UK—August 2019: Research Methodology
Primary sources and secondary sources propel intelligence report on fashion & sustainability—UK—August 2019 market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on fashion & sustainability—UK—August 2019 market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.
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