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Fast fashion is a business model that focuses on the production of garments in bulk, and as quickly as possible, in response to current trends, according to Dr. Preeti Arya, an assistant professor ...
Fast fashion is also negatively impacting small or independent businesses throughout the world, as lower prices steer consumers away from better-quality, non-mass-produced items found in non-fast ...
Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 and 2023 alone. But, as the industry grows, the human and ...
For example, the "slow fashion" movement is mentioned, but only for one sentence. The article could include examples of companies attempting to counter fast fashion, documentaries about fast fashion (ex: The True Cost), and college campus movements against Fast Fashion. Miakaminoff 22:50, 25 September 2016 (UTC)
Fast fashion is the business model of replicating recent catwalk trends and high-fashion designs, mass-producing them at a low cost, and bringing them to retail quickly while demand is at its highest. The term fast fashion is also used generically to describe the products of this business model, particularly clothing and footwear.
It was reported by the Economic Policy Institute that in 2007, the U.S. imported six billion dollars' worth in fashion articles. Some examples of slow fashion practices include: [citation needed] Opposing and boycotting mass-produced "fast fashion" or "McFashion" Choosing artisan products to support smaller businesses, fair trade and locally ...
Now fast fashion can produce an item, from concept to delivery, in less than two weeks. And as production capabilities have sped up, so have the life cycles of the clothing that retailers are selling.
However, the economic school of Public Choice Theory pioneered by James M. Buchanan has offered counter-arguments based on an economic demonstration of this theory of "amoral markets", which lack ethics or morals, versus "moral governments", which are tied to ideas of justice.