The resale market is expected to outpace fast fashion within 10 years according to the business of fashions 2019 report on the state of fashion. Swedish giant hm is the current largest clothing retailer in the world at 202 billion in sales as of january 2015 followed by zara another fast fashion specialist.
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Cities governments are pushing for a clean fashion industry as well.
Fashion industry pollution 2019. Like all businesses fashion is about profit. Microfibres from synthetics are a major contributor to microplastic pollution a 2019 bangor university survey of uk rivers reservoirs and lakes found micro plastic pollution at all locations tested. Prizing variety affordability and sustainability consumers increasingly choose to rent rather than own goods outright according to the same report.
Fashions dirty secrets a bbc documentary fashion is second only to oil on the list of the top five most polluting industries in the world. Which according to this admittedly rather old analysis puts fashion as an industry as less polluting than. For example in january 2019 paris announced its intention to become the sustainable capital of fashion by 2024 year of the paris olympic games.
From the exploitation of skilled labor to its inability to react to and adapt to technology these are the big issues that will face the fashion industry in 2019. Tons that same year. The most polluting area of the apparel industry is fast fashion.
According to mckinsey fashionscope greater china will for the first time in centuries overtake the us as the worlds largest fashion market while external shocks to the system continue to lurk around the corner. More profit is generated when people buy more clothing more often. The fashion industry by design is constantly changing with the seasons but fast fashion can change weekly summed up by a sign in hm new stuff is coming in each and every day.
London united kingdom 2019 will be a year of awakening for the fashion industry one that will go down in history finds the state of fashion 2019 a new report co published by the business of fashion bof and mckinsey company that was released today. The fashion industry is responsible for the emission of 1715 million tons of co2 in 2015 or about 43 of global carbon emissions of 399 billion us.
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