Fashion, an ethical turning point?

Fashion, an ethical turning point?

IPSOS reports on consumer views on the second-hand market and sustainability in the fashion industry: “True luxury is what can be repaired," said Jean-Louis Dumas, former CEO of Hermès. Giving a second life to someone else’s unwanted clothes or accessories is an approach that is gaining ground among the most affluent consumers and fashion followers. Latest figures from our World Luxury Tracking study on second-hand product purchases show a considerable rise of +11 points in the US and +9 points in Europe between 2017 and 2019.

The phenomenon is spreading beyond the Affluents and is now an increasingly common practice in the fashion world. Recent data from our 28-country Global Advisor survey finds that 41% of respondents have already purchased second-hand fashion items, accessories or shoes.”  Read the full article  

 

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