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Fashion and the circular economy - Ellen MacArthur Foundation

The global fashion industry is a major economic driver, valued at approximately in 2023. It employs over 300 million people across its value chain, from raw material production to retail sales. The industry traditionally operates across four levels: Fashion

The "Fast Fashion" model—characterized by rapid production cycles and low prices—has dominated the market for the last two decades. Between 2000 and 2014, global clothing production doubled, while the average number of times a garment is worn decreased by nearly 40%. Fashion and the circular economy - Ellen MacArthur