Ethical Fashion in a Competitive Market: Lessons from Pala’s Closure

With the Closure of Ethical Fashion Businesses Like Pala—what can we learn from the Challenges and Lessons of Sustainable Ventures?

In a surprising twist, Pala, a pioneer in the ethical fashion realm, has declared its end. This unexpected announcement prompts a pivotal query: Why are genuine, ethically-driven entities like Pala facing hardships in an era where sustainability is a high-priority criterion? My exploration attempts to elucidate the causes and proffers strategies based on real-world instances to help such businesses flourish.