The Global Fashion Agenda (GFA) has published a comprehensive report on implementing reverse logistics for a more circular fashion system. The initiative comes as over 520 global regulations are pushing companies to rethink their design and sourcing strategies, with 45% of fashion brands targeting at least 10% of revenue from circular business models by 2040.
Key takeaways:
- The report includes insights from major brands including NIKE, H&M Group, Target, Puma Group, VF Corporation, and the Ellen MacArthur Foundation
- Three key elements for improving reverse logistics were identified:
- Network design: Expanding beyond consumer returns to capture post-industrial textile waste
- Financial ownership: Establishing clear models for roles, responsibilities, and profit sharing
- Boosting collection volumes: Developing infrastructure for efficient textile waste processing
- Despite industry movement towards circularity, the current system remains fragmented and lacks commercial viability
- Recent developments include ASN Impact Investors selling €70m in shares from major fashion brands due to insufficient sustainability efforts
Global Fashion Agenda launches reverse logistics roadmap for circular fashion
