Why is Fast Fashion Failing?

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Why is Fast Fashion Failing?
Why is Fast Fashion Failing?
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time stamps:
00:00 – intro
05:40 – the downfall of asos
17:04 – the downfall of topshop
20:44 – the downfall of boohoo
27:28 – greenwashing

sources:
The fall of fast fashion – https://www.newstatesman.com/business/2023/01/fast-fashion-sales-stocks-worst-fall
The rise and fall of Topshop – https://tfr.news/news/2021/7/21/the-rise-and-fall-of-topshop
the fall of asos – https://lucymoon.substack.com/p/the-fall-of-asos
Boohoo Group PLC – https://www.google.com/finance/quote/BOO:LON?window5Y
ASOS plc – https://www.google.com/finance/quote/ASC:LON?window5Y
Boohoo under fire in BBC undercover sting – https://www.thebusinessdesk.com/northwest/news/2123647-boohoo-under-fire-in-bbc-undercover-sting
Shein’s ambitions are a bit of a stretch – https://www.reuters.com/breakingviews/sheins-ambitions-are-bit-stretch-2023-02-20/
Asos falls 291m into the red as shoppers return to high street – https://www.theguardian.com/business/2023/may/10/asos-falls-291m-into-the-red-as-shoppers-return-to-high-street
Rise and Fall of Top Shop (Why did TopShop fail) in 2022 and 2023 What happened to TopShop & Asos – https://www.youtube.com/watch?vTHGJuFrt3RE
Inside Shein: exclusive interview with Chinese fast fashion giant – https://www.drapersonline.com/insight/inside-shein-exclusive-interview-with-chinese-fast-fashion-giant#::textOn%2Ddemand%3A%20Shein%20produces%20%E2%80%9C,between%20two%20and%20three%20weeks
Topshop collapse: What went wrong for Sir Philip Green’s Arcadia retail empire? – https://theaccountancycloud.com/blogs/topshop-collapse-what-went-wrong-for-sir-philip-greens-arcadia-retail-empire
‘Bullshit from 10 years ago’: How the BHS pension fund collapsed while Sir Philip Green made 307 million – https://www.businessinsider.com/sir-philip-green-bhs-pension-fund-2016-7?rUS&IRT
PrettyLittleThing issues cost of living warning after international sales slump and returns rise – https://www.manchestereveningnews.co.uk/news/prettylittlething-issues-warning-after-sales-25683779
Boohoo accused of failing to improve working conditions in its supply chain – https://www.theguardian.com/business/2021/jun/18/boohoo-accused-of-failing-to-improve-working-conditions-in-its-supply-chain
Dark factories: labour exploitation in Britain’s garment industry Free to read – https://www.ft.com/content/e427327e-5892-11e8-b8b2-d6ceb45fa9d0
Fashion Is Still Trying To Greenwash Away Its Problems – https://www.vogue.co.uk/fashion/article/kourtney-kardashian-boohoo-greenwashing

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