Sustainability, profitability, and resiliency of the fast fashion industries during a pandemic
Meriem Meskini,
Tanvir S. Mahmud,
Sagar Ray
et al.
Abstract:The size of the global textile market was estimated at nearly one trillion USD in 2021 and the circularity of fashion items are of utmost practical and economic interests. Many postconsumer textile wastes are not recycled, and are sent to landfills for permanent disposal. This study examines the profitability of the selected fashion companies and compares the financial performance through weighted average net profit margin and business characteristics. The 10 companies are divided into 2 groups (conventional a… Show more
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