A review of emerging sustainable fashion business models: triple bottom line perspective

This paper explores and review the emerging sustainable fashion business models as a potential solution to the current catastrophic impact of the Global Fashion Industry on the Ecosystem. There has been emergence of several new innovative fashion business models recently namely circular fashion business, renting and sharing, slow fashion, durability, upcycling and recycling, waste management, ecofriendly materials, subscription models, modular design, additive manufacturing and zero waste fashion. There is a research gap to evaluate the effectiveness of some these models in the perspective of triple bottom line, especially in developing countries. This study has investigated the status of some of these new business models such as durable products, modular design, advanced communication technologies, waste management and additive manufacturing in Vietnam. An exploratory study approach involving six fashion enterprises was used to know the status of these techniques in Vietnamese fashion sector. It was found that some of the concepts such as additive manufacturing and waste management are quite new in Vietnamese fashion sector. However, some sustainable models such as waste management and durable products are well understood by the fashion enterprises.<p></p>