Does inflation affect Worldwide pollution in the fashion industry?
Sources:
The fashion industry is responsible for 20% of all industrial water pollution worldwide.
The fashion industry is responsible for 10% of humanity carbon emissions.
As consumers worldwide buy more clothes, the market for cheap garments continues to grow as there are new styles being consistently produced. This takes a toll on the enviornment.
On average, consumers bought 60% of more garments in 2014 than they did in 2000.
10% is more emissions than all international flights and maritime shipping combined.
Over the last 15 years, there has been significant inflation in the prices of retail garments due to the growth of online shopping platforms creating fierce competition for fashion brands.
Global inflation could vary between 4.5% to 7.7%
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Transcript
Does inflation affect Worldwide pollution in the fashion industry?
Sources:
The fashion industry is responsible for 20% of all industrial water pollution worldwide.
The fashion industry is responsible for 10% of humanity carbon emissions.
As consumers worldwide buy more clothes, the market for cheap garments continues to grow as there are new styles being consistently produced. This takes a toll on the enviornment.
On average, consumers bought 60% of more garments in 2014 than they did in 2000.
10% is more emissions than all international flights and maritime shipping combined.
Over the last 15 years, there has been significant inflation in the prices of retail garments due to the growth of online shopping platforms creating fierce competition for fashion brands.
Global inflation could vary between 4.5% to 7.7%