"Shoppers simply have different priorities in what they want out of an experience." Fast fashion powerhouse Forever 21 files ...

saying their ability to sell clothes so cheaply is down to business models. MPs investigating the impact of so-called "fast fashion" asked the firms how they could justify such low prices.

Companies are rethinking their brand positioning and business models. Millennials are not consuming as much fast fashion, and they tend to distrust spurious claims of sustainability. And apparel ...

Fast-fashion brands like Zara are seeing sales ... Zara's unconventional business model eliminates this risk. The company's strategy involves stocking very little and updating collections often.