The textile industry is at an environmental crisis point. Every year, 32 billion garments are produced, of which 64% will be incinerated or sent to landfill; for manufacturers, that’s $264 billion worth of apparel inventory being discarded.
Circularity is the key to tackling this problem- and digital technologies play a key role in that transformation. Our 2024 Threads of Change report takes a deep dive into the future of fashion and apparel, explores how circularity can transform supply chains and sets out the practical steps manufacturers need to take to maximize the opportunity for data-driven circularity.
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