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Circular business models: A USD 700 billion opportunity for the fashion industry

By Ellen MacArthur Foundation 31:10 4,149 views on YouTube Nov 23, 2021

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In this episode, we’ll explore the fashion companies developing innovative circular business models to increase the use of clothing. Business models such as repair, reuse & rental have been booming and are leading in the... Show more

In this episode, we’ll explore the fashion companies developing innovative circular business models to increase the use of clothing. Business models such as repair, reuse & rental have been booming and are leading in the pursuit to achieve the fashion industry’s lucrative USD 700 billion opportunity while providing significant greenhouse savings. However, these models do not automatically realise these environmental benefits unless, measures of success, clothes and supply networks are designed for a circular economy. Tune into this episode to find out more and hear what businesses can do to create a thriving fashion industry. Speakers featured: Justine Porterie: Global Head of Sustainability at Depop Georgia Parker: Innovation Manager at Fashion for Good

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This video is shown with YouTube's player and belongs to its creator. (Ellen MacArthur Foundation)