1、SUSTAINABILITY BRIEFINGUNPACKING:LUXURY FASHIONUNDERSTANDING THE KEY ISSUES AND ACTIONS FOR LUXURY BUSINESSLUXURY FASHION BRIEFING2Join the luxury fashion transformation.In this special introductory briefi ng,Positive Luxury unpacks the sustainability issues that matter for the luxury fashion indust
2、ry helping you to get ahead of the trends and be at the forefront of positive action and impact.PART 1:BACKGROUND THE LUXURY FASHION LANDSCAPE WHY LUXURY MUST LEAD PART 2:THE MUST DOs COMFORT ZONE GO TOs THE MUST DOs:POTENTIAL FOR REAL CHANGE PART 3:HOW WE CAN HELP UNDERSTANDING MATERIALITY HIGHER S
3、TANDARDS HOW WE CAN HELP CLIENT STORY:LK BENNETT PART 4:KEY TAKEAWAYS COMMUNICATIONS:WALK THE TALK KEY ACTIONS CITATIONS MEET THE TEAMCONTENTSLUXURY FASHION BRIEFINGPART 1:BACKGROUNDMARKET,IMPACT AND OPPORTUNITYLUXURY FASHION BRIEFING4PART 1:BACKGROUNDThe fashion industry contributed over 111 billio
4、n US dollars revenue to the luxury personal good sector in 2023 1.As one of the largest sectors in the consumer goods category,it has an undeniably huge negative impact but also an opportunity for huge positive change.The stark reality of fashions impact on people and planet is no longer avoidable.A
5、 recent McKinsey survey shows that sustainability is both the number one priority and number one challenge for industry leaders 2.Instead of being forced to accelerate action following devastating climate events or social disasters,now is the time to show leadership by taking positive action for peo
6、ple and planet alongside profi t.THE LANDSCAPE“MORE THAN$65 BILLION OF APPAREL EXPORTS ARE AT RISK OF BEING WIPED OUT BY CLIMATE EVENTS SUCH AS FLOODING AND EXTREME HEAT”McKinsey&Co,The State of Fashion 2024GLOBAL PERSONAL LUXURY GOODS MARKET(billions)“Sortie du temple”Note:E indicates estimated val
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