ETHICAL FASHION COMPANIES NEED SMART FINANCIAL MODELS
May 1st, 2016
THE BUSINESS model of the fashion industry has long been that of low prices, low manufacturing wages, quick production, and just as quick obsolescence. In that respect, it seems as far removed as any industry from sustainability.
Yet, increasingly, ethical brands are emerging.
To deliver on real sustainability goals they must look for business and financing models that are as radically different from the mainstream industry as their ethical products.
Without a robust financial business model, an ethical company - other than not-for-profits – can ...
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