The Business of Fashion Podcast cover image

The Business of Fashion Podcast

Why the Fashion Industry Needs a Makeover

Jul 12, 2024
Imran Amed, fashion industry founder, and editor-in-chief, discusses the stifled creativity in the fashion industry caused by the focus on business growth. They delve into the challenges faced by independent designers and the impact of fast fashion giants like Shein and Temu. The conversation highlights the need for innovation and sustainability in the ever-evolving fashion landscape.
30:50

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Fashion industry's growth focus stifles creativity, leading to a homogenized market.
  • Independent designers face hurdles due to corporatized industry dynamics and challenges with sales terms.

Deep dives

The Influence of Haute Couture and Luxury Mega Brands

Haute couture, like the recent Paris Fashion Week, represents the epitome of fashion, with meticulously crafted clothes made for individual clients. The industry, dominated by luxury mega brands like Dior and Chanel, faces challenges amid slowing sales. The impact of high-end fashion trickles down to even ready-to-wear and fast fashion markets, reflecting a critical inflection point in the industry.

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