Discover the 2024 edition of the FMC x Accenture circular fashion market study on repair!
This year, the focus is on repair and how brands and retailers are embracing it.
On the menu:
- Figures on market trends and the rise of repair in consumer habits;
- Use cases on the operational models of the brands and chains that have already adopted it;
- Testimonials and interviews with industry professionals.
Strong growth in fashion repairs since 2023
[Extracts from the summary of the report "Overview and outlook for the Circular Fashion market in France - Repair, Reuse and Recycling - April 2024]
In 2023, 6.8 billion euros would have been generated in France via the circular business models
business models such as repair, reuse, rental and upcycling, i.e. an increase of 17% compared to 2022.
How do you explain this new dynamism in fashion repairs?
This new dynamism in fashion repairs is based in particular on:
- Brands asserting their positioning and revitalising their repair and maintenance offers;
- Consumers readopting repairs, especially when the service is
Consumers, who are re-adopting repairs, especially when the service is attractively priced, performed locally and of high quality;
- Tech players, who are supporting an impeccable 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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