While the benefits of circular fashion are numerous, entrepreneurs may face several challenges:
- Initial Investment: Transitioning to circular practices can require substantial upfront investment in new technologies and processes. - Supply Chain Coordination: Ensuring that all parts of the supply chain adhere to circular principles can be complex and time-consuming. - Consumer Behavior: Changing consumer habits and encouraging them to participate in circular initiatives can be challenging. - Regulatory Hurdles: Navigating different regulations and standards related to sustainability and recycling can be difficult.