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H&M report sets out textile challenges for 2040

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H&M Foundation and Forum for the Future develop four scenarios exploring how different forces could shape textile industry by 2040

STOCKHOLM / LONDON – The H&M Foundation and Forum for the Future have released a new report designed to help textile manufacturers plan for an array of challenges they may face by 2040.

The initiative, titled ‘Textile Futures 2040’, sets out four scenarios in which the textile industry of 2040 is shaped by forces ranging from corporate consolidation to the rise of emerging markets, local repair economies and AI-led decision-making.

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