Amid economic uncertainty, brands and retailers need to reevaluate how they market sustainability to consumers who are more concerned about prices than the environment.
One of the fashion industry’s biggest challenges is reducing its impact on the environment, but that can be expensive for both the buyer and seller. A growing number of cost-conscious consumers may be unwilling to pay more for sustainable fashion amid inflation and cutbacks on discretionary spending.
KeyQuestion:How are consumer demands and expectations around sustainability in fashion changing due to economic uncertainty?
KEY STAT: While almost all consumers reported concern about the environment, purchasing eco-friendly apparel and footwear and accessories is not as much of a priority. Only one-fifth of respondents in our May 2022 survey reported doing so over the past year.
Here’s what’s in the full report
1file
Exportable files for easy reading, analysis and sharing.
5charts
Reliable data in simple displays for presentations and quick decision making.
Table of Contents
Executive Summary
Fashion’s Sustainability Dilemma: Eco-Friendly Can Be Expensive
The Sustainable Fashion Landscape Is Shifting Due to the Economy
How Fashion Brands Can Take Meaningful Action on Sustainability
Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry, included at no extra cost.