The Washington Post
Dec 15, 2022 - 7 min
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The fashion industry's wobbly business model is buckling under COVID-19's economic fallout. "Brands burnished images redolent of old wealth and aspirational extravagance while their bottom line was little more than red ink and magical thinking. Success was a fabulist tale of prepaid celebrity endorsements and social media impressions. Even the vision of the industry as a place of open-minded tolerance was wishful thinking." Robin Givhan for The Washington Post, reports on how a reboot could be the remedy.
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