An article on bloomberg. com discussed trends in stores that sell clothing: Apparel has become cheaper to
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An article on bloomberg. com discussed trends in stores that sell clothing: “Apparel has become cheaper to make in recent years. . . . This downward price pressure coincides with the emergence of lowcost, fast-fashion retailers in the U.S.”
a. What is “fast-fashion” clothing (sometimes also called “fashion-forward” clothing)?
b. Why have department stores had difficulty competing with fast-fashion retailers?
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