Fast fashion can be defined as cheap, trendy clothing that samples ideas from the catwalk or celebrity culture and turns them into garments in high street stores at breakneck speed to meet consumer demand.
In this regard, Sarah Yamout, co-founder of Prime Luxury Outfit, claims that the cost of fast fashion has recently risen dramatically, sometimes even exceeding the cost of second-hand fashion from international LUXURY brands.
In light of this increase, Sarah emphasizes that fast fashion is losing its advantage, as second-hand fashion from brands surpasses it in terms of quality, giving it preference over fast fashion with the convergence of prices between the two areas.
She also points out that despite their rising prices and current status as one of the most important commercial assets, secondhand clothes from well-known brands maintain their market value, according to the most recent data.
The fashion industry has experienced significant adjustments recently to keep up with the most current shifts in global trade and economics.