Fashionomics: The Good, The Bad and The Ugly (ft. Anne Critchlow)
Join Kokou Agbo-Bloua in this captivating investigation into the economics that underpins the fashion industry.
Did you know that in 2022, the global apparel market was valued at over US 1.5 trillion dollars and is expected to increase to almost US 2 trillion dollars by 2027 (Consumer Market Outlook)?
But here is the catch: the industry accounts for 8 to 10% of global greenhouse gas emissions, and that figure is growing! So, forget “Emily in Paris” or Fashion Week — this episode promises to go beyond the glitz and glam, brand labels and fashion runways to ask the critical questions. What’s the carbon footprint of the fashion industry? Why are we so obsessed with clothes and why is it getting worse? And can sustainable fashion reach net zero and defeat the irresistible forces of economics?
Stay-tuned to the end as Anne Critchlow, retail analyst at Societe Generale, breaks-down the retail industry, the evolution of consumer habits and the challenges to the retail industry in meeting its carbon emissions.
Get ready to dive into the world of fashion!