The Worldwide Fashion Business Join Hands at Copenhagen Fashion Summit

                                             ( Picture: Courtesy Copenhagen Fashion Summit)

COPENHAGEN, Denmark, May 11: Leading players from the fashion business met in Copenhagen for the globe's top yearly affair on sustainability, Copenhagen Fashion Summit. By the conclusion of the day worldwide frontrunners like Inditex, H&M, Adidas, Kering, M&S and Bestseller had signed a pledge to fast-track a globular trade model.

A noteworthy result of Copenhagen Fashion Summit, which was organized on 11 May 2017 from 9am to 6pm, was the commencement of The Call to Action for a Circular Fashion System, exhibited on stage by Global Fashion Agenda, the Summit coordinator.

Eva Kruse, CEO of Global Fashion Agenda, revealed: "I'm very pleased that some of the world's leading and biggest companies signed our Call to Action for a Circular Fashion System. I take this as a clear sign that the industry is not only aware of the need to change and the need to strive towards a closed loop system, but also ready to act."

Participants of the Call to Action pledge to outline a globular tactic, to setting objectives for 2020 and to testifying on the development of executing the pledge. Several worldwide frontrunners like Inditex, H&M, Adidas, Kering, M&S and Bestseller vowed their backing.

Stating that "being less bad is not being good", sustainability frontrunner and co-founder of the Cradle-to-Cradle drive, William McDonough, inaugurated the Summit's nine-hour programme, which featured over 50 high level orators, comprising Tiffany & Co. CEO Michael Kowalski, The New York Times chief fashion reviewer Vanessa Friedman, globular economy expert Dame Ellen MacArthur, originator of Eco Age Ltd. Livia Firth, fashion designer Prabal Gurung and Hugo Boss CEO Mark Langer.

In the two days before Copenhagen Fashion Summit, pupils from all over the globe functioned to draft a UN motion, the first ever on fashion. Today, they appeared on the stage to show the draft, which will be communicated to the UN in New York later this year.

Previously this week, before the Summit, Global Fashion Agenda, in partnership with the Boston Consulting Group, distributed an innovative comprehensive evaluation of the fashion business's ecological and societal performance - the first version of the Pulse of the Fashion Industry report. The 139-page account represents that the industry's sustainability pulse is feeble - notching only 32 out of 100 points - and that particularly small and medium-sized companies, which epitomize about half of the market, have done little to expand their effect. The account is the first of its variety to ever utilize facts from the HIGG Index, the globe's foremost criterion in gauging sustainability feat.