Fashion was broken even before the pandemic. A reboot could be just what it needs
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.
From The Washington Post