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Fashion industry - Coggle Diagram
Fashion industry
Value chains
What is important when researching
Does every step add value
Supply chain
Step 1: Production of raw materials
Step 2: Production of fashion goods
Step 3: Retail sales
Often long supply chain all over the world
Not traceable and therefore not transparant
Organizations and people
Stakholders
Shareholders
Millions of people employed in this industry
Several pioneers on this market
Their image about sustainability is changing
Sustainable enterpreneurship
Fast fashion
Quality is often not a priority
Clothes are made to be worn a few times
Based on trends
Non ethical things happening like child labour
Thrift shopping
Increase trace abillity in supply chain
Cradle to cradle
Finances
Cost of production
Often cheapest textiles are chosen
Cost of transportation
Trends & Developments
Covid-19
Sustainable image
Importance of resilience
Multi-Bilioin industry