By many measures, eco-friendly initiatives are largely ineffective if consumers lack an understanding of why they should partake, experts say. Image credit: Bain & Co./Getty Images
Global management consulting firm Kearney is out with the 2023 Circular Fashion Index (CFX) study. Of the 200 global fashion names analyzed, the third-edition exercise measuring the global fashion industry’s progress in extending the life cycle of its products and materials has found that this year’s average CFX score sits at 2.97 out of 10 possible points – luxury-specific brands score 2.99.
