Socio-Economic Transformations Through Sustainable Fashion and Circular Economy Practices

Abstract

The fashion industry, a significant global economic sector, has long been associated with environmental degradation, resource depletion, and social inequalities. With increasing awareness of these impacts, the integration of sustainable fashion practices and circular economy (CE) models has gained momentum. This review explores the socio-economic implications of sustainable fashion and CE initiatives, focusing on how they contribute to socio-economic transformation. By examining the impact on labor, job creation, economic growth, and social equity, this article highlights the potential of sustainable fashion and circular economy practices to reshape the industry for the better. It also discusses challenges and opportunities in scaling these practices across global supply chains and their effects on consumers, brands, and communities.