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⏲ Duration: 1 min 79 sec
✓ Published: 20-Feb-2020
✓ Published: 20-Feb-2020
Description:
According to Claasen (2019), about 30% of the clothes made around the world are never sold, and the cost of this inventory distortion was estimated to be $210bn in 2018. Moreover, H&M struggled to deal with its unsold clothes worth $4.3bn in the same year, stating the problem of excess inventory in the fast industry. (Paton, 2018) In addition, consumers experience shopping and decision exhaustion owing to endless discounting and the overabundance of choice, which googling
According to Claasen (2019), about 30% of the clothes made around the world are never sold, and the cost of this inventory distortion was estimated to be $210bn in 2018. Moreover, H&M struggled to deal with its unsold clothes worth $4.3bn in the same year, stating the problem of excess inventory in the fast industry. (Paton, 2018) In addition, consumers experience shopping and decision exhaustion owing to endless discounting and the overabundance of choice, which googling
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