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Let's Know Things

Shein

Let's Know Things

Colin Wright

News Commentary, News

4.8593 Ratings

🗓️ 7 June 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

This week we talk about fast fashion, waste, and supply chains.

We also discuss ZZKKOO, SheInside, and Love Island.

Show notes / transcript: https://letsknowthings.com/episode315



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

Transcript

Click on a timestamp to play from that location

0:00.0

The concept of and business model for fast fashion isn't new.

0:19.8

It's been around in some shape since the mid-20th century.

0:22.9

When modern, read post-World War II, manufacturing methods, paired with an increasingly

0:28.3

interconnected and efficient global supply chain, which allowed cheap labor in one country

0:33.7

to use intellectual property from another and then sell to a third made quick response

0:38.9

manufacturing, which is a system for production that at times dramatically reduces internal

0:44.2

and external lead times for getting a product to market, both more effective and more attainable

0:50.0

for more companies across more industries. Different fashion retailers and designers have claimed to be the first true fast fashion outfits on the scene.

1:01.5

But in all cases, the business model in the fashion world that ultimately took hold

1:05.8

seems to have originated sometime in the mid-20th century,

1:09.5

as European clothing companies that were able to quickly replicate

1:12.6

Couture looks seen on European runways for mass market audiences in ready-to-wear off-the-rack form,

1:19.6

were brought over to the United States, which was a booming market for pretty much everything,

1:24.6

as spendy Americans riding a wave of wealth from the war

1:28.8

and cheap, widely available credit were busily scrounging any component of the good life and

1:34.8

high-end living they possibly could, including the veneer of style as seen and coveted in glossy

1:41.9

magazines from across the Atlantic.

1:45.0

Zara was one of the early innovators in this space, as was H&M, both of which were created by

1:50.0

European business people who struck it big once they expanded from the high streets of

1:55.0

European cities to the main streets of American cities.

1:59.0

More competitors followed in the 1980s and 90s as variables once

2:03.6

more conspired to create a relatively wealthy, spendy, upwardly mobile, and wanting to show it

...

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