TY - CHAP
T1 - Towards Circular Luxury Entrepreneurship
T2 - A Saudi Female Entrepreneur Perspective
AU - Alblowi, Rana
AU - Henninger, Claudia E.
AU - Parker-Strak, Rachel
AU - Blazquez, Marta
N1 - Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2022
Y1 - 2022
N2 - This chapter aimed to assess the Saudi female fashion entrepreneurs’ understanding of the circular economy based on the Saudi Vision 2030 and evaluate the challenges Saudi female fashion entrepreneurs face in developing sustainable solutions in the luxury fashion market. The research was undertaken with 22 participants, who were female entrepreneurs from Saudi Arabia. The participants were selected using a purposive selection method, and qualitative interviews were conducted to obtain in-depth knowledge and explore the female entrepreneurs’ perspectives. The findings revealed that the participants were motivated to follow the Saudi Vision 2030 and Circular Economic Strategies, though they lacked a fuller understanding of sustainability and circular economy concepts. They were also not fully aware of the strategies and methodologies that they could adopt to ensure the sustainability of their business and needed both guidance and support for implementing circular economy strategies. The research, therefore, has implications for policymakers to make knowledge, expertise, training, and hands-on guidance available to these female luxury fashion entrepreneurs so that they can effectively participate in the circular economy.
AB - This chapter aimed to assess the Saudi female fashion entrepreneurs’ understanding of the circular economy based on the Saudi Vision 2030 and evaluate the challenges Saudi female fashion entrepreneurs face in developing sustainable solutions in the luxury fashion market. The research was undertaken with 22 participants, who were female entrepreneurs from Saudi Arabia. The participants were selected using a purposive selection method, and qualitative interviews were conducted to obtain in-depth knowledge and explore the female entrepreneurs’ perspectives. The findings revealed that the participants were motivated to follow the Saudi Vision 2030 and Circular Economic Strategies, though they lacked a fuller understanding of sustainability and circular economy concepts. They were also not fully aware of the strategies and methodologies that they could adopt to ensure the sustainability of their business and needed both guidance and support for implementing circular economy strategies. The research, therefore, has implications for policymakers to make knowledge, expertise, training, and hands-on guidance available to these female luxury fashion entrepreneurs so that they can effectively participate in the circular economy.
KW - Circular economy
KW - Female entrepreneurs
KW - Luxury fashion
KW - Saudi Vision 2030
KW - Sustainable practices
UR - http://www.scopus.com/inward/record.url?scp=85136259915&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-06928-4_6
DO - 10.1007/978-3-031-06928-4_6
M3 - Chapter
AN - SCOPUS:85136259915
T3 - Palgrave Advances in Luxury
SP - 101
EP - 127
BT - Palgrave Advances in Luxury
PB - Springer Nature Netherlands
ER -