Discover the 2024 edition of the FMC x Accenture circular fashion market study on repair!
This year, the focus is on repair and its appropriation by brands and retailers.
On the menu:
- Figures on market trends and the rise of repair in consumer habits;
- Use cases on the operational models of brands and chains that have already adopted it;
- Testimonials and interviews with industry professionals.
Strong growth in fashion repairs since 2023
[Excerpts from the summary of the Report "Etat des lieux et perspectives du marché de la Mode Circulaire en France - Réparation, Réemploi et Recyclage - Avril 2024]
By 2023, 6.8 billion euros would have been generated in France via the circular business models
repair, reuse, rental and upcycling, an increase of 17% compared to 2022.
How do you explain this new dynamism in fashion repairs?
This new dynamism in fashion repair is based in particular on..:
- Brands asserting their positioning and revitalizing their repair and maintenance offers;
- Consumers readopting repair, especially when the service is attractively priced
is attractively priced, performed locally and of high quality;
- Tech players, who support a flawless customer experience and smoother operational processes.
Read the full study here:
https://bit.ly/3SxUqWQ
Our warmest thanks to the Fédération de la Mode Circulaire and Accenture for their work on this study!
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