A new circularity report warns that business model’s such as fast fashion’s with its take‑make‑waste model is destroying trillions in embedded material and labour value each year
YORK – A new report has claimed €25.4 trillion in avoidable economic value is lost annually due to linear take-make-waste practices such as those which routinely occur in the global textile sector.
For the textile and apparel sectors, the report’s findings on processing losses (€904.2 billion) and end-of-life waste (€10.0 trillion) are particularly pointed.
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