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Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.
Started in 2009 by two local university students with a focus on ‘recycled fashion’, White Rose aims to reduce the impact of fastfashion, minimising waste and its subsequent impact on the environment. As we become more aware of the impact of fastfashion on the environment, pre-loved has become the popular choice.
Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fastfashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. Missguided was once Britain’s most visited online retailer. Self-inflicted wounds.
Fanny Moizant: My fashion career started with an internship at John Galliano, before I moved on to work as a marketing manager at lingerie company, Dim. This knowledge combined with my expertise in marketing – as I earned a management degree at the Institut de la Mode in Paris – paved my way to found Vestiaire Collective in 2009.
“Fastfashion is not free. Someone, somewhere is paying the price.” – Lucy Siegle The fastfashion industry is hardly new, but the recent rise of international powerhouses has sparked new conversations and insights into the industry. But how, and why, are these fastfashion superpowers making so much money?
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