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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]
The fashion industry, particularly manufacture and use of apparel and footwear, is a significant driver of greenhouse gas emissions and plastic pollution. [1] During the 19th century, industrialization meant a move towards the manufacture of textiles on a large-scale, which only accelerated the environmental degradation. [2]
After 2–3 years of independent work the Eco Index was adopted by the Outdoor Industry Association and ultimately became a core component of the Higg Index. The SAC was established as brands and retailers sought to self-regulate on environmental and sustainability issues. [12] Version 1.0 of the Higg Index was made public in July 2012. [13] [14]
Other fashion trends started in the US include sportswear as fashion along with athletic shoe wear like Converse or Nike. Athleisure was also popularized in the US in the 2010s, and has dominated the US market because of its ability to fill a gap in the market, as clothing was not usually both comfortable, stylish, and functional. [5]
Between 2000 and 2015, the world’s clothing production nearly doubled. Your monthly picks will arrive in a reusable garment box made from recycled ocean plastic, which also doubles as ...
In 2012, the world's largest summit on fashion sustainability was held in Copenhagen, gathering more than 1,000 key stakeholders in the industry. [19] The Sustainable Apparel Coalition also launched the Higg Index , a self-assessment standard for the apparel and footwear industries.
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Zero-waste fashion significantly impacts the industry by promoting sustainable practices, reducing environmental damage, and encouraging innovation in design and production. It challenges traditional methods and leads to more eco-friendly, ethical fashion choices.