Measuring the State of Circularity in the UK Fashion Industry
Part 2
Executive Summary
28
Introduction
Part 3
Conclusion
Part 1
Takebacks Includes the process of taking back used or unwanted fashion items from customers for re-sale, re-purposing, re-cycling or responsible disposable.
An opportunity to scale within mid-market and value retailers is enabled by higher garment volumes, shopper frequency and less risk to brand execution. Scaling further requires investment into infrastructure, front- end mechanisms and awareness to drive customer participation alongside incentives for businesses to implement non-returning schemes. Takebacks are not attractive for luxury and premium retailers or customers, with products having greater longevity and value retention. In the mid-value space however, takebacks offer good alignment to customer needs, higher garment volumes and accessibility. This model’s greatest challenge is the demand of higher garment volumes on operations and supply chain logistics. Most takeback schemes surveyed involved takeback of wearable items to be re-sold. However, schemes in which garments are responsibly disposed of, recycled or re-made into alternative products also exist.
The numbers at a glance
Presence within retailer market 30%
50%
Proportion of initiatives in pilot phase
10%
Proportion of retailer customer base accessing initiatives
88%
Proportion of initiatives accessing third party support
Online takeback service
Most common takebacks business model
Revenue
Most tracked KPIs
Third party infrastructure support
Most frequently accessed support
Credit: TOVE
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