Consumers are increasingly waking up to this reality and demanding change. In August 2019, Kering CEO François-Henri Pinault spearheaded an industry-wide pact to obtain net-zero emissions by 2050. According to McKinsey’s 2019 Apparel Chief Purchasing Officer Survey, whereas the absolute variety of sustainable fashion products remains low, there has been a fivefold increase over the previous two years. These are a few of the findings from our latest report, The State of Fashion 2020, written in partnership with The Business of Fashion . This fourth in our annual series analyzes main themes across the fashion financial system and breaks new …