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A New Textiles Economy: Redesigning fashion’s future
The time has come to transition to a textile system that delivers better economic, societal, and environmental outcomes. The report A new textiles economy: Redesigning fashion’s future outlines a vision and sets out ambitions and actions – based on the principles of a circular economy – to design out negative impacts and capture a USD 500 billion economic opportunity by truly transforming the way clothes are designed, sold, and used.
Beyond laudable ongoing efforts, a new system for the textiles economy is needed and this report proposes a vision aligned with circular economy principles. In such a model, clothes, fabric, and fibres re-enter the economy after use and never end up as waste. Achieving a new textiles economy will demand constantly levels of alignment. A system-level change approach is required and one which will capture the opportunities missed by the current linear textiles system.
Scope: 150 pages
Reference: free of charge for download