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Changing legislation in recent years has seen sustainability and traceability continue to take charge across the fashion and retail industry.
From the Senate Bill 62 holding brands and retailers accountable for paying garment workers a fair wage in California, through to the French Anti-Waste Bill prohibiting eCommerce businesses from binning unsold or returned stock, fashion businesses have been forced to re-think their processes and supply chains in order to comply with evolving legal requirements.
As far as sustainability goes, the pace at which new legislation is being passed seems far from slowing down.
Let’s take a look at the legislation set to shake up the fashion industry throughout 2023, and the steps businesses can take to be prepared.
As we’ve seen in recent years, changes to legislation can really shake up the fashion industry, forcing businesses to re-evaluate their supply chain processes.
Though strict legislation isn’t in place worldwide just yet, we can expect to see the pressure continuing to build for businesses to be transparent.
So, what can you do? Preparation is king. Give yourself enough time to adopt new strategies and technologies that ensure you’re ready for when the new legislation comes into effect.
Luckily, the technology already exists to help businesses face the upcoming challenges head on, like our own K3 ViJi, designed to help businesses get ahead of the curve.
Our solution enables brands and retailers to collate and automatically authenticate ESG data throughout their entire supply chains to ensure they’re compliant with sustainability legislation.