Graduate School of Business (GSB)
Circular economy of fashion: benefits and challenges for French micro and small brands
Abstract
dc:description.abstractThe fashion industry is globally recognized as one of the major polluters, causing significant environmental and social concerns. Its complex value chain, from the intensive non-renewable resource use during raw material acquisition to human rights issues in manufacturing, and its unsustainable end-of-life solutions, underscores an industry struggling with profound challenges. In response to these challenges, the notion of a circular economy emerges as a transformative approach to reimagine and redesign production and consumption cycles, aiming to retain product value, reduce waste, and foster sustainability. The central research question of this study is the following: "What are the key challenges and opportunities for micro and small-sized fashion brands in adopting a successful circular business model?" Addressing this, the research provides a deep dive into the concept of circularity within the fashion sector, specifically focusing on French micro and small-sized brands. These brands, a blend of those organically born with sustainable principles and those that have adeptly transitioned towards sustainable practices, offer a diverse palette of innovative strategies. They encompass distinctive sustainable practices ranging from upcycling, promoting second-hand fashion, adhering to sustainable production methodologies, to the use of recycled fabrics. Utilizing qualitative methodologies, this research adopted a comparative approach, interviewing 12 such distinctive brands alongside a consultant specializing in second-hand fashion. This method depicted a rich, multifaceted perspective on the challenges intrinsic to circular business models in the fashion domain. From this exploration, the findings were clustered into three predominant categories: striking a balance between economic viability, ecological responsibility, and social equity; identifying and leveraging driving factors while recognizing potential opportunities; and understanding and navigating barriers that hinder circular adoption. This study stands as an important contribution to existing literature, providing a nuanced roadmap specifically tailored for French micro and small-sized brands. Its insights illuminate pathways, guiding these brands towards the successful adoption and nuanced implementation of circular business models among a challenging industry context.
Degree
thesis:*- Grantor dc:publisher.institution
- Graduate School of Business (GSB)
- Year dc:date.issued
- 2024
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Dupont, Hadrien
- Advisor dc:contributor.advisor
-
- Meyer, Camille
Subjects
dc:subject × 1Identifiers
dc:identifier.*- Handle dc:identifier.uri
- http://hdl.handle.net/11427/40886
- OAI identifier oai:identifier
- oai:open.uct.ac.za:11427/40886