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How Wall Street Ruined Your (and the MLB's) Wardrobe

What A Day

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The Impact of Private Equity on Clothing Brands

This chapter explores how private equity firms have negatively affected clothing brands, leading to bankruptcies and declines in quality and prices. It discusses the concept of 'in shitification' in services due to profit-driven decisions by private equity, with a focus on the fashion industry. The conversation also highlights the emergence of the slow fashion movement as a response to the environmental and social impacts of fast fashion.

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