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The fashion industry accounts for 10% of annual global carbon emissions, according to statistics from a March 2023 report by the United Nations Environment Programme (UNEP).
The fashion industry, particularly manufacture and use of apparel and footwear, is a significant driver of greenhouse gas emissions and plastic pollution. [1] The rapid growth of fast fashion has led to around 80 billion items of clothing being consumed annually, with about 85% of clothes consumed in United States being sent to landfill.
Fast fashion aims to give consumers access to the latest fashion trends quickly at affordable prices. The global fast fashion market is rapidly growing, with the market size expected to increase from $106.42 billion in 2022 to $122.98 billion in 2023 at a CAGR of 15.6%, and to $184.96 billion in 2027 at a CAGR of 10.7%. [ 23 ]
Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 and 2023 alone. But, as the industry grows, the human and ...
Slow fashion is a proposed sustainable alternative to fast fashion. [43] The term was coined by Kate Fletcher of the Centre for Sustainable Fashion and inspired by "slow food". [44] It intends to challenge growth fashion's obsession with mass-production and globalized style. [45]
Worldwide criticism of fast fashion’s waste, labor abuses and carbon emissions has done little to slow down the industry. But new legislation could alter the flood of goods — like the floral ...
The Higg Index is an apparel and footwear industry self-assessment standard to rate environmental and social sustainability throughout the supply chain.The Sustainable Apparel Coalition (SAC) launched it in 2012 and owns and develops the suite of tools.
Fast fashion is also negatively impacting small or independent businesses throughout the world, as lower prices steer consumers away from better-quality, non-mass-produced items found in non-fast ...