This report delves into the significant impact of climate change on the fashion retail industry, highlighting its contribution to environmental degradation and global warming. It explores the industry's long supply chains and the effects of erratic weather patterns on fashion trends, leading to potential financial losses for retailers. The report examines the implementation of climate change mitigation policies, such as the adoption of cleaner energy sources and innovative manufacturing technologies, and their financial implications on businesses. It also discusses various types of innovations, with a focus on disruptive low-carbon innovations within the fashion retail sector. The report further analyzes the challenges and opportunities for the industry in adapting to climate change and adopting sustainable practices, emphasizing the need for both internal initiatives and government policies to drive change.
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