Circular economy models reduce costs and boost sales for major fashion brands
Circular economy models reduce costs and boost sales for major fashion brands Outerwear brand FW and fashion platform Farfetch have revealed the results of two-year pilots of circular economy models, pledging to expand them following positive financial results. Pictured: A customer using the Farfetch Donate scheme, run in partnership with Thrift+ The two brands first announced the trials, carried out in partnership with ReLondon and QSA Partners, back in early 2019. FW added a ‘gold standard’ repair service to Its new brand as standard, while Farfetch launched two re-commerce offerings. A...
Source: edie.net