Curated by: Anna Grigoryan
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After a rapid rise to popularity, the fast fashion industry has had a big fall from grace recently thanks to its huge carbon emissions and poor history of worker treatment. With one of the original pioneers of the industry, Missguided, now going into administration, have we seen the tide shift away from $1 bikinis and $5 dresses into more sustainable fashion trends?
In this episode, we also discuss:
How Salesforce managed to report great earnings when so many other SaaS stocks are struggling.What's going on over at Starbucks with leadership changes and unionization efforts.And our Elevator Pitches for Naked Wines and Steinway Musical Instruments.MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.
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And you thought Zara was fast fashion! Buckle up because new trends are landing daily if not hourly, as a new breed of online disruptor throws out thousands of styles a week to see what sticks. Brands like Boohoo, Pretty Little Thing and Fashion Nova are part of a new ultra-fast fashion era, but Shein is by far the biggest player.
Worth a reported $47 billion, the Chinese company is now the biggest selling fast fashion brand in the US. But how does it work? What's the secret to its giant reach? And just how many items does it drop in a week?
In our first episode for Series 7, host Clare Press sits down with the American journalists Meaghan Tobin and Louise Matsakis who, along with Beijing-based Wency Chen, spent six months looking into this, from every possible angle. From speaking to garment workers and interviewing shoppers to tracking down one young TikTok user who saw her vintage vest morph into thousands of copies, taking her personal photo along for the ride - without her permission.
Let us know what you think. Follow Clare on Instagram @mrspress @thewardrobecrisis
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Every year, Europeans chuck away millions of tons of clothing. The EU has a new plan to tackle the huge environmental impact of the fashion and textile industry — but can it make a difference? We asked the model and activist Nimue Smit to take a look. We're also talking about the UK's extremely controversial plan to send asylum seekers to Rwanda, and a legal leap forward for Spain's single parents.
This week's Isolation Inspiration: Lithuanian clothing exchange Vinted, and Belgian Netflix comedy 'Soil' ('Grond').
A few things Nimue mentioned that listeners might want to check out: 'Consumed' by Aja Barber, Depop, Vestiaire Collective, Sustainable Fashion Giftcard, Rank A Brand.
02:17 Bad Week: UK asylum policy 13:44 Good Week: Spain's single parents 19:49 Interview: Nimue Smit on fixing the fashion industry 34:02 Isolation Inspiration: Vinted and Grond 36:28 Happy Ending: Teaching teens to love natural history Thanks for listening! If you enjoy our podcast and would like to help us keep making it, we'd love it if you'd consider chipping in a few euros / dollars / pounds a month at patreon.com/europeanspodcast. You can also help new listeners find the show by leaving us a review or giving us five stars on Spotify.
Producer: Katy Lee and Wojciech Oleksiak, with thanks to Katz Laszlo
Music: Jim Barne and Mariska Martina
This podcast is part of the Are We Europe family. Find more like-minded European podcasts at areweeurope.com/audio-family.