The retail giant, Forever 21 was once a prominent leader in the trendy style category for teens and young adults, boasting the latest fashions at bare bone prices. But earlier this month, the company filed for Chapter 11 bankruptcy citing decreased sales and increased online competition. For many industry analysts and experts, the recent news has also signaled a shift in consumer shopping habits and the potential decline of fast fashion. We speak with journalist and author Dana Thomas about the fast fashion industry, its negative effects and if consumers are really starting to change the way they shop.
- Dana Thomas, journalist and author, Fashionopolis: The Price of Fast Fashion and the Future of Clothes.
Links for more information:
- Dana Thomas Website
- Penguin Random House Publications: Fashionopolis
- Washington Post: A tipping point in fast fashion’: Forever 21’s bankruptcy signals the shifting priorities of young shoppers
- Twitter: @DanaThomasParis