Circular Economy: RMG Industry and Resource Management Report

This report examines the application of circular economy principles within the readymade garment (RMG) industry. It begins by highlighting the environmental and economic pressures driving the adoption of circular models, particularly in the fast-fashion sector. The report then delves into how six fashion brands – Burberry, Gap Inc., Adidas, C&A, Aditya Birla, and Arvind Mills – are addressing resource issues through various practices. It explores fundamental approaches to circular design, including closed-loop, narrow-loop, and slow-loop strategies, and discusses the value dimensions and value propositions associated with circular economy initiatives. The analysis covers topics like resource management, waste reduction, and the creation of value through sustainable practices, emphasizing the potential for economic opportunity and improved environmental outcomes within the fashion industry. The report concludes by examining the value creation and delivery processes, as well as value capture strategies employed by organizations embracing circular economy principles.