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Sourcing Journal

The Hidden Costs of Fashion

In Sourcing Journal , BCG’s Catharina Martinez-Pardo underscores the urgent need for textile circularity. A BCG report finds that the world discarded 120 million metric tons of textile waste in 2024—enough to fill more than 200 Olympic stadiums—at huge economic and environmental cost. Martinez-Pardo asserts that modernizing and scaling textile collection and sorting methods, as well as investing in new technologies, can help build a more sustainable fashion industry.