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The Age of the Wardrobe
The average household spends 3.5% of its income, about $1,700 on 70 pieces of clothing a year. By the 1990s, the fashion industry was getting closed from the design stage to the store shelves in just two weeks. The Industrial Revolution created mass produced clothing, but it was still expensive. In 2021, fashion edits.com reported that in the 1970s, the average household invested 10% of itsincome, about $4,000 on 25 pieces of clothing each year.