{"id":12806,"date":"2015-07-22T09:00:15","date_gmt":"2015-07-22T13:00:15","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12806"},"modified":"2015-07-22T03:20:46","modified_gmt":"2015-07-22T07:20:46","slug":"the-economics-of-the-fashion-industry","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2015\/the-economics-of-the-fashion-industry\/","title":{"rendered":"The Economics Of The Fashion Industry"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/07\/072215_0719_TheEconomic1.jpg\" alt=\"\" width=\"641\" height=\"427\" \/><\/p>\n<p>Michele Petruzziello looked at some interesting facts about the fashion industry:<\/p>\n<ul>\n<li>The fashion industry is expected to double in size to $5 trillion in the next ten years.<\/li>\n<li>As a whole fashion employs more people in the United States than automobiles, fast-food, and video games.<\/li>\n<li>Other countries get a big boost from it as well. 88% of Haiti&#8217;s exports relate to clothes.<\/li>\n<li>Sadly there is still sexism in the C-Suite. Less than 20% of the major fashion brands have female heads, and only about a quarter of all board members are women.<\/li>\n<li>The industry is thirsty. A t-shirt &#8220;costs&#8221; 1,083 gallons of water to make when things such as land for grazing or agriculture is considered.<\/li>\n<li>It also leads to a lot of waste. The average American throws out 70 pounds of clothes a year.<\/li>\n<\/ul>\n<p>Read about Fashion Revolution day, why millennials give the industry hope, and more over <a href=\"https:\/\/agenda.weforum.org\/2015\/07\/5-things-you-probably-didnt-know-about-the-fashion-industry\/?utm_content=buffer123a2&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\">here<\/a>.<\/p>\n<p>Source: <a href=\"https:\/\/agenda.weforum.org\/2015\/07\/5-things-you-probably-didnt-know-about-the-fashion-industry\/?utm_content=buffer123a2&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\">Agenda \u2013 World Economic Forum<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michele Petruzziello looked at some interesting facts about the fashion industry: The fashion industry is expected to double in size to $5 trillion in the next ten years. As a whole fashion employs more people in the United States than automobiles, fast-food, and video games. Other countries get a big boost from it as well. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/07\/072215_0719_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12806"}],"version-history":[{"count":2,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12806\/revisions"}],"predecessor-version":[{"id":12808,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12806\/revisions\/12808"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12805"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12806"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}