The fashion industry has seen a profound transformation over the past decade. Typically, it used to take stores around three months to get clothes on their shelves, but today that can happen in as little as two weeks. ‘Fast fashion’ companies like Zara, Forever 21 and H&M have turned the apparel industry on its head.
Today many entrepreneurs are using the same business model to disrupt other industries. CCTV America’s Shraysi Tandon filed this report from New York.
Fast Fashion: Quick turnaround from concept to consumer'Fast fashion' companies like Zara, Forever 21 and H&M have turned the apparel industry on its head.
Shannon Whitehead of Factory45 on fast fashion
For more on how fast fashion is shaking up the industry, CCTV America’s Phillip Yin spoke to Shannon Whitehead, Founder of Factory 45.