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Fast Fashion
Fast fashion is a term used to describe the clothing industry's business model of replicating recent catwalk trends and High fashion, high-fashion designs, mass production, mass-producing them at a low cost, and bringing them to retail stores quickly, while demand is at its highest. The term ''fast fashion'' is also used generically to describe the products of the fast fashion business model. Fast fashion grew during the late 20th century as manufacturing of clothing became less expensive — the result of more efficient supply chains and new quick response manufacturing methods, and greater reliance on low-cost labor from the apparel manufacturing industries of South, Southeast, and East Asia, where women make up 85-90% of the garment workforce. Labor practices of fast fashion are often exploitative, and due to the gender concentration of the garment industry, women are more vulnerable. Retailers who employ the fast fashion strategy include Primark, H&M, Shein (company), Shein, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clothing Industry
Clothing industry or garment industry summarizes the types of trade and industry along the production and value chain of clothing and garments, starting with the textile industry (producers of cotton, wool, fur, and synthetic fibre), embellishment using embroidery, via the fashion industry to apparel retailers up to trade with second-hand clothes and textile recycling. The producing sectors build upon a wealth of clothing technology some of which, like the loom, the cotton gin, and the sewing machine heralded industrialization not only of the previous textile manufacturing practices. Clothing industries are also known as allied industries, fashion industries, garment industries, or soft good industries. Terminology By the early 20th century, the industry in the developed world often involved immigrants in "sweat shops", which were usually legal but were sometimes illegally operated. They employed people in crowded conditions, working manual sewing machines, and being paid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Street
High Street is a common street name for the primary business street of a city, town, or village, especially in the United Kingdom and Commonwealth. It implies that it is the focal point for business, especially shopping. It is also a metonym for the retail sector. With the rapid increase in consumer expenditure the number of High Streets in England grew from the 17th century and reached a peak in Victorian Britain where, drawn to growing towns and cities spurred on by the Industrial Revolution, the rate of urbanisation was unprecedented. Since the latter half of the 20th century, the prosperity of High Streets has been in decline due to the growth of out-of-town shopping centres, and, since the early 21st century, the growth of online retailing, forcing many shop closures and prompting the UK government to consider initiatives to reinvigorate and preserve the High Street. High Street is the most common street name in the UK, which according to a 2009 statistical compilation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forever 21
Forever 21 is a multinational fast fashion retailer headquartered in Los Angeles, California, United States. Originally founded as the store Fashion 21 in Highland Park, Los Angeles in 1984,Forever 21History & Facts, n.d. Retrieved 27 April 2014. it is currently operated by Authentic Brands Group and Simon Property Group, with about 540 outlets. The company sells accessories, beauty products, home goods, and clothing for women, men and children, and is considered an epitome of the fast fashion industry due to its fashionable and trendy offerings with very low pricing.Earnest, Leslie"Forever 21 to Acquire Retailer Gadzooks" ''Los Angeles Times'', 18 February 2005. Retrieved 14 May 2014. The company has been involved in various controversies that include labor practice issues and copyright infringement accusations. History 1984–2017: founding and expansion Originally known as Fashion 21, the store was founded in Los Angeles on April 16, 1984, by Do Won Chang and Jin Sook C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ASOS '' anime television series.
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ASOS or Asos may refer to: * Asos, a village in Greece * ASOS (retailer), a UK online fashion store * Association Sportive Oussou Saka, a Beninese football team * Automated Surface Observing System, a type of weather station * Air Support Operations Squadron, US Air Force, see List of United States Air Force air support operations squadrons * '' A Saucerful of Secrets'', the second album by Pink Floyd * ASOS Brigade, a live-action fictional group to support the English dub release of the ''Haruhi Suzumiya is a Japanese light novel series written by Nagaru Tanigawa and illustrated by Noizi Ito. It was first published in 2003 by Kadokawa Shoten in Japan with the novel ''The Melancholy of Haruhi Suzumiya'', and has since been followed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peacocks (clothing)
Peacocks is a fast-fashion retail chain from the United Kingdom based in Cardiff, Wales. The chain is now part of the Edinburgh Woollen Mill group, and employs over 6,000 people. There are currently over four hundred Peacocks retail outlets located in the United Kingdom; and more than two hundred stores located in twelve other countries throughout Europe. Originally selling home goods and basic clothing, Peacocks has been re-branded over the years as a value fashion store. Richard Kirk, the former owner of the chain, worked hard to transform Peacocks into a major fashion player. The retailer won numerous awards, notably the ''Best Value Retailer'' award from Drapers (magazine), Drapers. In January 2012, Peacocks entered administration (law), administration and was bought by the Edinburgh Woollen Mill Group. Edinburgh Group also owns the Jane Norman chain, a fashion outlet for women. History Founding Peacocks was established in Warrington in 1884, as a family-run business sel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Consumer rights “Consumers, by definition, include us all," said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading informatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Västerås
Västerås ( , , ) is a city in central Sweden on the shore of Mälaren, Lake Mälaren in the province of Västmanland, west of Stockholm. The city had a population of 127,799 at the end of 2019, out of the municipal total of 154,049. Västerås is the seat of Västerås Municipality, the capital of Västmanland County and an episcopal see. History Västerås is one of the oldest cities in Sweden and Northern Europe. The name originates from ''Västra Aros'' (West Aros), which refers to the river mouth of Svartån. The area has been populated since the Nordic Viking Age, before 1000 CE. In the beginning of the 11th century it was the second largest city in Sweden, and by the 12th century had become the seat of the bishop. Anundshög is located just outside the City of Västerås. Anundshög is Sweden's largest burial mound. "Hög" is derived from the Old Norse word ''haugr'' meaning mound or barrow. It was built about 500 CE and is over wide and is almost high. In the ensu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erling Persson
Erling Persson (21 January 1917 – 28 October 2002) was the founder of H&M (Hennes & Mauritz). He got the idea following a post-World War II trip to the United States: He was impressed by the country's efficient, high-volume stores. He established the company in Västerås, Sweden, in 1947 selling women's clothing, calling it ''Hennes,'' Swedish for "hers." In 1968, Persson acquired the premises and inventory of a Stockholm hunting equipment store named Mauritz Widforss. In 1982, his son, Stefan Persson took over as the managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ..., and today is the chairman of the board. The Persson family owns about 47% of the company and has a 74% voting rights. References {{DEFAULTSORT:Persson, Erling 1917 births 2002 deaths Swe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lead Time
A lead time is the latency between the initiation and completion of a process. For example, the lead time between the placement of an order and delivery of new cars by a given manufacturer might be between 2 weeks and 6 months, depending on various particularities. One business dictionary defines "manufacturing lead time" as the total time required to manufacture an item, including order preparation time, queue time, setup time, run time, move time, inspection time, and put-away time. For make-to-order products, it is the time between release of an order and the production and shipment that fulfill that order. For make-to-stock products, it is the time taken from the release of an order to production and receipt into finished goods inventory. Supply chain management A conventional definition of lead time in a supply chain management context is the time from the moment the customer places an order (the moment the supplier learns of the requirement) to the moment it is ready for de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain
In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product and delivering the same to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. Overview A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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