A report ‘Weaving a Better Future: Rebuilding a More Sustainable Fashion Industry After COVID-19’, states sustainability in fashion is at risk in a post-COVID-19 crisis world. The report offers four actions that must be taken to avoid backsliding on progress and to actively prepare for a changing industry: These actions include protecting critical assets to survive the economic crisis; solve immediate inventory challenges in partnership with suppliers; integrating sustainability and accelerating transparency while increasing sustainability ambitions

The report notes unprecedented challenges that have arisen from the crisis, including fashion and luxury together are the most negatively impacted of all consumer goods and services, after travel and tourism. From March to April, sales decreased by 60 to 70 per cent in the worldwide fashion and luxury industry – with foot traffic in retail and recreation stores down by 44 per cent in the US, 52 per cent in Germany, 78 per cent in India and 59 per cent in Brazil, says the report jointly released by the Boston Consulting Group (BCG), the Sustainable Apparel Coalition (SAC) and technology company Higg Co