The fashion industry has a major opportunity to secure a prosperous future. The industry is facing a rapidly growing demand worldwide, and at the same time many companies are stepping up their work toward more environmentally and socially responsible practices. But this is not enough. To put fashion on a path to long-term prosperity financially, socially, and environmentally, much more must be done.
The Pulse of the Fashion Industry report is published by the Global Fashion Agenda, in collaboration with The Boston Consulting Group. The report follows the strong belief that the environmental, social and ethical challenges the industry faces today are not simply a threat, but instead an immense untapped value creation opportunity.
In the first edition from 2017, we made an in-depth assessment of the industry’s environmental and social performance and revealed where the industry stands.