Fast fashion listening

What are two significant changes observed in Abercrombie & Fitch clothing compared to its past offerings?

• Higher quality and increased prices.

• Lower quality and increased prices.

• Higher quality and decreased prices.

• Lower quality and decreased prices.

The speaker uses the word "longevity". What do you think it means?

• How much the clothing material stretches

• How long clothes last

• The range of sizing in a clothing brand

• The quality of the materials

How has the average American's clothing consumption changed from 1980 to today?

• Americans buy fewer clothes and spend a higher percentage of their income on them.

• Americans buy more clothes and spend a higher percentage of their income on them.

• Americans buy fewer clothes but spend a lower percentage of their income on them.

• Americans buy more clothes but spend a lower percentage of their income on them.

How long in advance did companies planned their clothing collections?

What was a key difference in the clothing production cycle before the rise of fast fashion compared to Zara's approach?

• Old production cycles focused on mass production, while Zara focused on limited editions.

• Old production cycles took about 9 months for new collections, while Zara could do it in 15 days.

• Old production cycles involved less design work, while Zara emphasized intricate designs.

• Old production cycles relied on overseas manufacturing, while Zara produced locally.

What year was the term 'fast fashion' coined?

How does Zara's business model help reduce the risk associated with clothing production?

• By producing large quantities of clothing based on long-term trend predictions.

• By manufacturing all garments in a single, centralized factory to minimize shipping costs.

• By creating small batches of styles and quickly adjusting production based on real-time sales data.

• By exclusively selling high-priced, luxury items that have guaranteed demand.

The speaker uses the word 'knock-off'. What does it refer to?

• A high-quality original item.
• A brand name product.
• A limited edition collectible.
• A cheap imitation or replica of an original item.

What major policy changes in the 1990s and early 2000s contributed to the growth of fast fashion?

• Increased tariffs on imported textiles and apparel.

• The signing of NAFTA and normalization of trade relations with China, followed by the expiration of the Multifiber Arrangement.

• Strict new regulations on overseas manufacturing to ensure fair labor practices.

• Government subsidies for domestic textile industries.

One of the causes of consumers shifting to cheaper options of clothing was ____________