Study: Climate inaction could see fashion industry lose a third of its profits

clock • 3 min read
Credit: iStock
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Credit: iStock

Report warns climate impacts could slash fashion sector’s projected value by 70 per cent in the coming decades

Without action to tackle escalating climate risks, the fashion industry could see its profits slump by 34 per cent by 2030, as rising costs eat into the sector's often wafer thin margins. That is the...

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