The apparel and accessories industry faces the greatest risk from global "sustainability regulations (EU ESPR)" and the influx of counterfeit goods in the luxury market, which can damage brand image.
Brands must prove material composition and supply chain history at the product level, while also holding the means to tell genuine goods from the counterfeits circulating in the market.
Consumers care not only about whether the product they purchased is authentic, but also about what materials it is made from, whether it can be repaired, and how they can ensure its value when reselling it later.