Circular Value Chains in Fashion: Strengthening Trust in Second Hand Markets

Takeaways:

• The World Economic Forum, Ralph Lauren, Vestiaire Collective and Global Innovator EVRYTHNG have collaborated to ensure the authentication of fashion products in second hand markets.
• This will reinforce the fashion circular business model which will allow traceability of the products.
• This collaboration will allow companies to have a direct connection to secondary-market consumers while gaining insight into the lifespan of their clothing.

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