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The growth of fast fashion fueled environmental issues. Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 ...
The fast fashion market is popular for its cheap and convenient options, but its impacts on the environment may be enough to move consumers away from the big brands.
The charity’s retail director, Lorna Fallon, said: “Fashion Fighting Poverty is a celebration of Oxfam’s stylish, sustainable, second-hand fashion, which is better for our pockets, the ...
The True Cost is a 2015 documentary film directed by Andrew Morgan that focuses on fast fashion.It discusses several aspects of the garment industry from production—mainly exploring the life of low-wage workers in developing countries—to its after-effects such as river and soil pollution, pesticide contamination, disease and death.
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.
Furthermore, culturally, economic growth has fostered materialism and consumerism as indicators of success, further exacerbating overconsumption. Advertising, planned obsolescence, and fast economic cycles create a continuous push for higher consumption, making it challenging to curb unsustainable resource use. [25]
A more recent study also finds that poverty is a complex phenomenon whose trends and boundaries shift over time, both in absolute terms and in relative terms, but for which causes are very difficult to pin down. In principle, however, it should be clear that a solution to the social problem cannot be expected through market processes alone. [4]
The causes of poverty in Russia are complex: a shrinking economy, inflation, falling oil prices and in a rise in "consumer prices". High transportation costs, including the cost of logistics, and the perception of inequality have hindered growth in investments, which, in turn, has generated a cycle of poverty.