View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Lake Forest College Publications Lake Forest College Lake Forest College Publications Senior Theses Student Publications 12-1-2014 The Lowest Cost at Any Price: The mpI act of Fast Fashion on the Global Fashion Industry Megan Lambert Lake Forest College,
[email protected] Follow this and additional works at: http://publications.lakeforest.edu/seniortheses Part of the Business Law, Public Responsibility, and Ethics Commons, and the Fashion Business Commons Recommended Citation Lambert, Megan, "The Lowest Cost at Any Price: The mpI act of Fast Fashion on the Global Fashion Industry" (2014). Senior Theses. This Thesis is brought to you for free and open access by the Student Publications at Lake Forest College Publications. It has been accepted for inclusion in Senior Theses by an authorized administrator of Lake Forest College Publications. For more information, please contact
[email protected]. The Lowest Cost at Any Price: The mpI act of Fast Fashion on the Global Fashion Industry Abstract The fast fashion industry is one facet of the multi-billion dollar global fashion industry. Fast fashion is the latest business model trend in the fashion industry. These firms aim to provide low-cost, low-quality, trend based clothing to consumers at unprecedented speeds. In order to do so, these firms use unethical and exploitative cost cutting methods in order to lower production costs and maximize profits. This study examines the fast fashion business model and its unethical practices in the broader context of the global fashion industry.