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The rise of athleisure and “vegan” clothing is also speeding the decline of an iconic U.S. industry. Bloomberg Report by Lydia Mulvany & Demise Tsekova.
When it comes to fast fashion, few retailers have the speed and scale of the U.K.’s industry giants. But companies like ASOS, Boohoo and Missguided may soon have to pay a price for the flood of new clothes and accessories they put into the world every year.
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