Fashion Retail: News, Developments & Extra
The BoF-McKinsey State of Fashion 2024 Executive Survey found that executives anticipate different challenges — notably financial uncertainty, geopolitical tensions and inflation — to be vying for his or her attention ahead of climate threat. With fashion still liable for between 3 % and eight % of whole greenhouse gasoline emissions, a combine of short- and long-term strategies can help corporations handle the climate challenge. Companies, for instance, may look to de-risking the value chain and revamping structural and operational legacies, or doubling down on sustainability. With climate risks worsening, the fashion business can’t maintain off any longer on constructing…