7 months ago
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To mark its 15-year anniversary, the Global Fashion Summit, held in Copenhagen from May 21-23, showcased ambitious themes and launched new initiatives. However, beneath the surface of its celebratory veneer, the Summit highlighted critical gaps in the fashion industry’s journey toward sustainability and inclusivity. This year’s theme, “Unlocking the Next Level,” aimed to chart a bold course for future actions, yet it became clear that the fashion industry still grapples with substantial challenges.
Some newly announced initiatives pointed to progress. For example, brands are exploring ways to make money without making new clothes, as part of a new initiative named The Fashion ReModel, announced on May 21 by the Ellen MacArthur Foundation. Arc’teryx, Arket, Cos, H&M Group, Primark, Reformation, Weekday, and Zalando are among the first group of participants.
The Summit also introduced this year’s Fashion CEO Agenda 2024, a special-edition guide that outlines opportunities for executives to advance a net-positive fashion industry. Holly Syrett, vp of impact programs and sustainability at the non-profit Global Fashion Agenda, emphasized the urgent need for actionable strategies to achieve sustainability goals. “The CEO Agenda … highlights five unlocks,” Syrett said. They include operationalizing sustainability, redefining growth, activating consumers, prioritizing people and mobilizing based on materiality.
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