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McKinsey & Company consultancy said at an Italian Fashion Chamber roundtable Tuesday that 70 percent of consumers were willing to pay some premium for items produced sustainably, based on responses of 90 department store buyers in 25 countries responsible for 50 billion euros ($56.26 billion) in annual purchases.Environmental, social and governance issues were identified as key drivers defining luxury brands' commitment to sustainability, but speakers also pressed the need for diversity in fashion boardrooms and creativity teams.Livia Firth, creative director of the Eco-age consultancy, said that a recent report found that ethnic minorities held just 11 percent of board seats on the 15 largest publicly traded fashion companies.
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