"Regulation can and often does lead to greater stability, market consolidation, higher average profitability and strict accountability, all aspects that are in rather short supply in the global fashion supply chain today. But there are also consequences of regulation that are less desirable."
In his latest blog post, our Secretary General Lutz Walter delves into the evolving landscape of the fashion industry as it undergoes a transformative shift towards regulation. Explore the profound implications of the many EU legislative initiatives of the Green Deal, and how they will reshape the textile and fashion industries both in Europe and its main supplier countries worldwide.
Don't miss this article that navigates the intricacies of compliance, traceability, and the delicate balance between regulation and creativity.