The rise of sustainable fashion in retail: Navigating trends and consumer preferences

April 18, 2024 EcoVadis EN


Recognising the shifting consumer landscape, forward-thinking retailers are embracing sustainability as a core aspect of their business strategy. From high-street names to luxury brands, the industry is witnessing a wave of innovations aimed at reducing environmental footprints. These include sourcing materials from sustainable suppliers, adopting circular economy principles, and introducing take-back schemes for recycling. However, the transition is fraught with challenges, such as higher operational costs and the need to balance sustainability with profitability.


Read the full article at: www.financialexpress.com

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EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.

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