Can Fashion Be Profitable Without Growth?

Industry leaders said the goal of sustainability wouldn’t happen without changes to the business model and more efforts to educate consumers.

This article is part of our special section on the DealBook Summit that included business and policy leaders from around the world.

Moderator: Vanessa Friedman, fashion director and chief fashion critic, The New York Times. Participants: Preeti Arya, professor, textile development, Fashion Institute of Technology; Maxine Bédat, executive director, New Standard Institute; Caroline Brown, managing director, Closed Loop Partners; Laurent Claquin, chief executive, Kering Americas; Gabriela Hearst, creative director, Gabriela Hearst and Chloé; Wisdom Kaye, IMG Models; Tracy Reese, founder and creative director, Hope for Flowers; Céline Semaan, co-founder and

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