Novel economic models evolving in apparel sector to engrain & sustain sustainability maintaining profitability
Author(s): Girija Jha, Chitralekha Singh and Dr. Chitra Arora
Abstract:
This chapter discusses with examples adoption of new & emerging models for Sustainability in Apparel sector. It elaborates the practical approach to and the future roadmap laid down by industry practitioners as well as academia. It discusses relevant examples aligned to the theme as the need of sustainability being ingrained is more necessary than it ever was.
It elaborates how the supply chain in apparel sector needs to more agile to avoid inventory loss and loss due to sudden changes in demand like in the COVID scenario. It also addresses various dimensions of better preparedness for such unprecedented situations so that "sustainability can be sustained" without compromising on any of the three pillars of sustainability.