1. Home
  2. Thought Leadership
  3. Does the coronavirus mean…

Does the coronavirus mean the end of the fast fashion trend? - Federated Hermes

With high street fashion stores closed due to the global pandemic and unsold stock piling up in warehouses, “fast fashion” is under pressure as never before. Does lockdown offer a chance to rethink this unsustainable business model, which has high environmental and social costs?

Posted on Jun 18, 2020

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

...
... The coronavirus pandemic has once again put fast fashion companies in the public eye. Lockdown measures needed to reduce the spread of Covid-19 across the globe have led to a slump in demand for new clothes, causing a ripple effect along international supply chains.

Learn more here