Fashion is one of the largest, most resource intensive industries, but also a powerful engine for global growth and development. The current model, however, is pushing the earth beyond its planetary boundaries and challenging social justice. An industry primarily built on short-term financial incentives has many consequences, including the continuous creation of new collections, trends fuelling the demand to consume new products, overproduction driving prices down and underuse leading to vast amounts of waste. In a time when new technology is enabling traditional business models to disrupt, businesses and organisations have the opportunity to re-evaluate the current growth logic and call for systemic change.
Redesigning growth, the theme of Copenhagen Fashion Summit 2020, might seem like a daunting topic, but it isn’t an impossible task for an industry that is built on creativity and ingenuity. Leaders must harness this power to create positive change. To put fashion on a path to long-term prosperity financially, socially and environmentally, an entirely new radical approach to the current
business model and a complete disruption of the fashion system are necessary.
“We urge you as industry leaders to think outside the box and investigate new business models that will challenge the traditional concept of prosperity. This will not only future proof your own business, but it’s also crucial if we are to operate within our planetary boundaries and meet the needs of future generations.” – Eva Kruse, CEO, Global Fashion Agenda
Fashion industry leaders must ask themselves: How can we approach profitability and reconfigure the parameters of success? Let’s come together as an industry at the Summit to create impact by navigating the challenges, exploring solutions and redesigning growth.
This crucial conversation will unfold at Copenhagen Fashion Summit 2020, which brings together decision-makers from across the globe and presents sustainable solutions. Secure your tickets now for the leading business event on sustainability in fashion.