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Stock impact report

How Slow Fashion Could Be a Winner of Trump's Trade War [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
N ot many businesses seem happy about President Donald Trump's global trade war, which has roiled markets and threatens to lead the U.S. into recession. But there is one potential winner of his so-called “Liberation Day” last week: slow fashion. Slow fashion is a movement pushing for an environmentally sustainable, ethically-produced approach to retail, emphasizing, for example, secondhand shopping. It's “a different approach in which designers, buyers, retailers and consumers are more aware of the impacts of products on workers, communities and ecosystems,” wrote Kate Fletcher for the Ecologist in 2007. But slow fashion has traditionally been dwarfed by fast fashion, which emphasizes quantity over quality—the Ellen MacArthur Foun Read more
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