1. ESG

The Rise of Resale Programs: 5 Brands Leading the Charge in Sustainability

resale program

The earth is changing, and so is the way consumers shop. With 77% of Americans concerned about the environmental impact of products they buy, retailers are revamping their business models to improve both the planet and their balance sheets.

For years, the fashion industry has faced backlash for its climate-harming practices. Consider these facts: one new garment takes 77 gallons of water and creates 17 pounds of CO2 equivalent, over 100 billion garments are produced each year, with 73% of all apparel sent to landfills or incinerated, and buying one used item reduces its carbon, waste, and water footprints by 82%. 

To combat fashion’s wastage problem, many retail-focused sustainability initiatives center on moving toward a circular economy: one that emphasizes the repair and recycling of existing materials and products for as long as possible. 

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