
2050 Investors · 2023-06-28 · 26 min
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! In this riveting episode, Kokou Agbo-Bloua investigates the dark underbelly of fast fashion, exploring its impact on the environment, global markets, and the very fabric of our society. So, forget “Emily in Paris” or Fashion Week - this episode promises to go beyond the glitz and glam to ask the critical questions. From the glittering allure of designer labels to the harsh realities of garment factories, we delve into the globalization of fashion and its catastrophic consequences for our planet. Through insightful commentary and expert analysis, we confront the stark truth behind the allure of fast fashion and its insatiable appetite for resources. But it's not all doom and gloom. Later in the episode, Kokou questions Anne Critchlow, senior retail analyst at Société Générale, to uncover innovative solutions and fashion tips that promise a brighter future.
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