Research on Sustainable Development of Fashion Industry  - Hermes, LVMH, Inditex as an Example

Yiqi He

doi:10.54254/2754-1169/52/20230692

Research Article

Open access

Published on 1 December 2023

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He,Y. (2023). Research on Sustainable Development of Fashion Industry - Hermes, LVMH, Inditex as an Example. Advances in Economics, Management and Political Sciences,52,65-70.

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Research on Sustainable Development of Fashion Industry - Hermes, LVMH, Inditex as an Example

Yiqi He *^,1,

¹ Queen’s University Belfast

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/52/20230692

Abstract

ESG is one of the critical topics in today’s research. In recent years, researchers have found that sustainability, as represented by ESG, plays a significant role in the development of companies. However, there is a lack of a coherent explanation related to ESG in the segment of the fashion industry in which companies are located. Therefore the research topic of this paper is the relationship between the development of the fashion industry and ESG. The research methodology of this paper is as follows: firstly, we collect the reports like CSR Extract and Annual report published by Hermes, LVMH, and Inditex on their official websites, and then we conduct a qualitative analysis to explore the development of the fashion industry and the investment of fashion industry enterprises in ESG. The study found that ESG in the fashion industry can effectively promote the sustainable development of fashion industry enterprises themselves and also promote the sustainable development of the whole industry.

Keywords

ESG, fashion industry, sustainable

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References

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Cite this article

He,Y. (2023). Research on Sustainable Development of Fashion Industry - Hermes, LVMH, Inditex as an Example. Advances in Economics, Management and Political Sciences,52,65-70.

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About volume

Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Conference website: https://www.icftba.org/

ISBN：978-1-83558-151-3(Print) / 978-1-83558-152-0(Online)

Conference date: 8 November 2023

Editor：Javier Cifuentes-Faura

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.52

ISSN：2754-1169(Print) / 2754-1177(Online)

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