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Conscious Consumerism: Innovations in Sustainable Retail

Discover how the UK's fashion industry is embracing sustainable practices to meet the demands of conscious consumerism. Explore the environmental audit findings, shifting consumer behaviors, and the rise of sustainable fashion. Join us for an enlightening presentation!

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Conscious Consumerism: Innovations in Sustainable Retail

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  1. CONSCIOUS CONSUMERISM INNOVATION IN SUSTAINABLE RETAIL Featuring: A special thanks to this evening’s sponsor: • @TLA_RetailTech • Email: bit.ly/2JKgKam • LinkedIn: bit.ly/2zpfeqq

  2. ENVIRONMENTAL AUDIT REPORT The UK buy more clothes per person in the UK than any other country in Europe. • September 2015: UK signs UN SDG 12: Ensure sustainable consumption and production patterns. • February 2019: Environmental Audit Committee published it’s Fixing Fashion Report: Clothing Consumption & Sustainability. • June 2019: Parliament rejected all recommendations from the report. $500b £32b 63% Annual value lost in clothing due to under-utilization and lack of recycling Size of UK Fashion Industry in 2017 Projected increase in global apparel consumption by 2020

  3. SEARCHING FOR SUSTAINABILITY 119% 16% 187% 329% 9.3m 10% 66% Increase in vegan leather searches Increase in searches for sustainable fashion related keywords Increase in organic cotton searches Increase in sustainable denim brand pageviews Increase in traffic to sustainable luxury products Vegan fashion social impressions Of product purchases on Lyst will be for sustainable goods

  4. THE GREEN GENERATION 46% 21% 55% 58% Gen Z & Millennials (18-25) Are Driving the Change Women who resolve to buy higher quality items that last in 2019 Women who plan to stop supporting disposable fashion brands Women who plan to shop secondhand to be more sustainable in 2019 1 in 4 Women plan to quit fast fashion to be more eco-friendly in 2019 Gen X (36-54) Gen Z (16-21) Millennials (22-35) Baby Boomers (55-64) % Who Agree They Would Pay More for Eco—Friendly Products

  5. PRESENTATION SOURCES UK Environmental Audit Committee Interim Report on the Sustainability of the Fashion Industry: ONLINE HERE • Lyst’s Searching for Sustainability Report: ONLINE HERE • Fashion Network & ThredUp NY Resolution Report: ONLINE HERE • GlobalWebIndex Q2 2018 Report: ONLINE HERE • Additional References: Common Objective, Ethical Consumer, Fashion Revolution, Good On You, Provenance, The Good Shopping Guide

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