Executive Summary

The Coresight Research team attended the Fashion Institute of Technology’s City Source 2.0 in 2020 seminar on January 16 in New York City. We present our key insights from the event:

• Local manufacturing opportunities are abundant and offer opportunities for high-end brands in particular.
• Innovators are finding new ways to incorporate sustainability into their operations, from source to end of life, including using biodegradable materials, enhancing circularity and transparency, managing pollution and turning waste into profit.
• New technology may require changes to software, procedures, workflow and even business models, but it can power sustainability and reduce labor costs.