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The Bottom Line

Fast Fashion

The Bottom Line

BBC

Society & Culture, Personal Journals, Business

4.6606 Ratings

🗓️ 5 November 2015

⏱️ 28 minutes

🧾️ Download transcript

Summary

From the design desk to the shop window, how do fast fashion brands deliver the latest trends in double-quick time? Evan Davis and guests discuss fabric, factories and a nimble supply chain.

Guests:

Catarina Midby, Sustainability manager, H & M; Carol Kane, Co-founder and Joint CEO, Boohoo; Kim Winser, Founder and CEO, Winser London.

Producer: Sally Abrahams.

Transcript

Click on a timestamp to play from that location

0:00.0

Thank you for downloading this program. I'm Evan Davis. In this edition of the bottom line,

0:04.4

we're looking at fast fashion and how companies can get garments from design desk to shop window

0:09.6

in double quick time. Hello and welcome to the program. Now you don't make a great

0:15.5

fashion brand without great design, but you also don't make a great fashion brand without canny management.

0:21.6

And in the last decades, brands have emerged that have mastered the art of managing the supply chain

0:27.6

to ensure that costs are low, wastage is minimised, and fewer items are left unsold.

0:33.6

Companies like Zara and H&M are well known for constantly updating their collections,

0:38.3

bringing in new styles to keep up with changing trends.

0:41.3

And now there are new kids on the block, able to push out new lines in double-quick time,

0:46.3

as little as two weeks, in fact, in some cases, from design desk to shop window.

0:52.3

Well, there are concerns on sustainability and labour standards,

0:55.7

and we will talk about those, but we'll try to understand what makes a successful fashion business.

1:00.9

My three guests are all steeped in this area, so let me introduce them. First up, Carol Kane,

1:06.1

is the co-founder and joint chief executive of the online fashion brand, Boohoo.

1:11.1

And Carol, you're based in Manchester.

1:12.5

Why don't you just tell us a little about the origins of the brand and who it sells to?

1:17.1

Boohoo sells to a young customer between the ages of 16 and 25,

1:21.8

although we have lots of customers above that age as well.

1:25.8

And it is fast fashion.

1:27.3

We have hundreds of styles delivered to the website

1:31.0

every single day. So it's all about newness, freshness, what's the latest thing and what you

1:37.8

should be buying to wear out on a weekend. And the price point is? It's value end. I mean, we have

...

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