Not too long ago, cashmere was considered a rare luxury— made from the finest wools from traditional mills in Europe. As cashmere became wildly popular, suppliers started increasing production which meant raising many more goats on fragile Mongolian grasslands. However, this led to desertification and an environmental disaster in these grasslands as the sharp hooves of the goats destroyed the topsoil.
Quality also suffered as cut-price cashmere products (this is essentially a contradiction in terms as cashmere was never meant to be cheap or cut-price) flooded the market. The cheap cashmere revolution started in 2005 when import quotas were relaxed and China started exporting huge volumes of it to the EU. The lower end of the market still tends to be dominated by fibers from Chinese goats.
A fter washing, the finest, softest hair is separated from the coarser, outer guard hair. This guard hair is not considered high enough quality for many top-end manufacturers, but it is this level of quality customers will buy as cut-price cashmere. Alpaca is fast emerging as an alternative to the overexploitation of environmentally fragile grasslands in Mongolia. Alpaca comes from the South American highlands and Andes in Bolivia, Argentina but mainly Peru.
Many brands including Gucci are now offering alpaca accessories and garments. Alpaca is as luxurious and light to the feel as cashmere but its environmental impact is far less as the alpacas do not destroy the topsoil where they graze.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Zombie inventory and shrinking margins inside China’s fashion returns meltdown
China’s digital fashion market, long celebrated as the world’s most sophisticated test bed for e-commerce innovation, is facing a destabilising... Read more
Circularity by Design: How EU rules are turning data into fashion’s new currency
The European fashion sector has entered a compressed transition window. Two regulatory confirmations: the revised EU Textile Labelling Regulation (effective... Read more
The Lyst Reset: Chanel and Dior rewrite luxury’s power index
The global luxury hierarchy has been quietly rewritten, and not by sales alone. In Q1 2026, Chanel rose to the... Read more
Inventory, not expansion, defines winners in global apparel
The 2025 fiscal year has crystallised that revenue growth and operational health are no longer moving in tandem. In an... Read more
From growth-at-all-costs to cash discipline, the new economics of DTC fashion
The global direct-to-consumer apparel market is entering a correction phase, as fashion brands across the US, Europe and the UK... Read more
Britain’s Forgotten Growth Engine: Why policy gaps are undermining fashion and t…
Britain’s fashion and textile industry, often framed through the lens of creativity and design, is emerging as a case study... Read more
Beyond price rallies structural reform can strengthen India’s cotton economy
India’s cotton economy is entering a decisive phase, where firmer prices and tighter arrivals in the 2026-27 season have given... Read more
Polyester volatility redraws India’s textile industry competitive map across Asi…
India’s synthetic textile industry has entered a phase of cost instability as polyester staple fibre (PSF) prices rise across domestic... Read more
The £7 Billion Question: Who pays for fashion’s ‘free rental’ habit?
The global fashion industry is facing an uncomfortable paradox: its most valuable customers may also be its most destructive. A... Read more
India, China Bangladesh face fresh headwinds as global apparel markets rebalance
Global apparel trade is entering a more uneven recovery phase, with demand growth persisting but losing uniform momentum across major... Read more












