Trump’s tariffs helped fuel fast fashion’s global expansion instead of slowing it down

Trump’s tariffs helped fuel fast fashion’s global expansion instead of slowing it down

A surge in ultra-fast fashion fueled by Trump’s trade war has rerouted global supply chains, pushing more cheap, disposable clothing into markets like Australia while worsening labor and environmental conditions abroad. Mona Mashhadi Rajabi, Lisa Lake, Martina Linnenluecke, and Yun Shen write for The Conversation. In short: President Trump’s trade tariffs intended to reshore manufacturing…

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Shein’s falling profits reveal cracks in ultra-fast fashion business model

Shein’s falling profits reveal cracks in ultra-fast fashion business model

Slowing profits and mounting legal challenges suggest Shein’s breakneck growth is stalling as regulators and consumers demand more accountability from fast fashion brands. Daphne Chouliaraki Milner reports for Atmos. In short: Shein’s profits dropped nearly 40% in 2024, forcing the company to slash its valuation ahead of a planned IPO in London. Meanwhile, its sales…

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