Three-quarters of leading fashion, retail and luxury executives surveyed for executive search firm Odgers Berndtson’s leadership poll said that real sustainability change would only be achieved with greater regulation. Meanwhile, four out of ten said commercial pressures, including sales growth and competitive pricing, are the biggest obstacle to building a sustainable business. Although 70% said a more sustainable approach was “mission critical”, only 32% cited their main motivation as company ethos. Almost 40% of those surveyed said the change to a sustainable business model a result of consumer expectations.
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