Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud Order
Speaker 1: Order Kerni Whoalbury and a waddery woman. And before we
Speaker 1: get started on She's on the Money podcast, I would
Speaker 1: like to acknowledge the traditional custodians of the land of
Speaker 1: which this podcast is recorded on a wondery country, acknowledging
Speaker 1: the elders, the ancestors and the next generation coming through
Speaker 1: as this podcast is about connecting, empowering, knowledge sharing and
Speaker 1: the storytelling of you to make a difference for today
Speaker 1: and lasting impact for tomorrow. Let's get into it.
Speaker 2: She's on the Money, She's on the Money.
Speaker 3: Hello, and welcome back to She's on the Money. I'm
Speaker 3: Victoria Divine here to get your weekend started arguably the
Speaker 3: right way. You've all been loving our Saturday series, so
Speaker 3: I decided I'm just going to give you more of
Speaker 3: what you want. Last week we dove into the whirlwind
Speaker 3: that is micro trend culture. How social media has turned
Speaker 3: us all into trend chases, with new styles popping up
Speaker 3: faster than you can refresh your feed. This rapid fire
Speaker 3: trend machine is feeding something much bigger fast fashion. You
Speaker 3: know the names machine. Dhgape, Ali Express, the brands that
Speaker 3: can turn a runway dream into a cheap reality, Overnight Bus,
Speaker 3: what's the real story behind those arguably too good to
Speaker 3: be true prices. Today we're going to be diving a
Speaker 3: little bit deeper into the fast fashion supply chain. We're
Speaker 3: going to explore the ethics, the knockoffs, and whether our
Speaker 3: shopping habits are doing more harm than they are good.
Speaker 3: If last week's episode made you second guest that latest haul,
Speaker 3: this one's going to make you think twice before hitting
Speaker 3: our descartes again before we dive deeper. I just want
Speaker 3: to take a moment to say, look, we get it.
Speaker 3: Times are tough, and sometimes that bargain dress, all those
Speaker 3: cheap as sneakers from fast fashion brands, they feel like
Speaker 3: a really small win. I'm not here to shame anyone
Speaker 3: for trying to make their budget stretch. I have absolutely
Speaker 3: been there too. Back in the day, my fake Prada
Speaker 3: bag was the talk of the town. I got that
Speaker 3: on Ali Express and it definitely looked like a cross
Speaker 3: between a Gucci Prada, I don't know Saint Laurent bag.
Speaker 3: At the time, I thought it was the coolest thing. Ever,
Speaker 3: now looking back, it just gives me the ick. And
Speaker 3: more recently, I purchased and I guess this is what
Speaker 3: has prompted this entire episode. A foot muff for my
Speaker 3: baby's pram on Ali Express, because let's be honest, that
Speaker 3: item was very obviously being drop shipped, and I just
Speaker 3: figured let's go straight to the sauce. Many of you
Speaker 3: jumped into my DMS and said, oh my gosh, v
Speaker 3: I would never buy anything from Ali Express, but I'm
Speaker 3: here now to tell you unfortunately, my Alley Express purchase
Speaker 3: is probably from the same supplier that supplied your drop
Speaker 3: shipping company that you ordered from last week. It's convenient,
Speaker 3: and when you're watching your bank account closely, let's be honest,
Speaker 3: a bargain is pretty hard to resist. But friends, here's
Speaker 3: the thing. We're not here to judge your point fingers.
Speaker 3: That's not what she's on the money is about. It's
Speaker 3: about education, and this is about helping each other think
Speaker 3: a little bit more deeply about the choices that we're
Speaker 3: making every single time week click by. Now there's a
Speaker 3: ripple effect. It's not just about what ends up in
Speaker 3: our wardrobes. It's about the impact on the people who
Speaker 3: made it. The environment, and ultimately our own sense of value.
Speaker 3: So let's keep it really real. We all love a
Speaker 3: good deal, but it's worth pausing to consider the bigger picture.
Speaker 3: What do you really gain when you buy fast fashion?
Speaker 3: And is there a way we can satisfy the urge
Speaker 3: to shop without contributing to a system that might not
Speaker 3: align with our values. This is never about guilt. It's
Speaker 3: about making informed choices that we can feel really good about,
Speaker 3: both for ourselves and for the world that we're part of.
Speaker 3: Let's start by defining what fast fashion really is. Probably
Speaker 3: heard of the term tossed around, but what does that
Speaker 3: actually mean. Traditionally, fast fashion brands like Zara, HNM, and
Speaker 3: Asoss have dominated the market by delivering on trend affordable
Speaker 3: clothing in a matter of weeks. These brands are a
Speaker 3: globalized supply chain that prioritizes speed and cost efficiency, often
Speaker 3: at the expensive quality and sustainability. The goal is to
Speaker 3: get new styles into store as quickly and as cheaply
Speaker 3: as possible, which often leads to overproduction, textile waste, and
Speaker 3: a significant carbon footprint. The fast fashion model has been
Speaker 3: heavily criticized for contributing to environmental degradation and poor labor practices,
Speaker 3: as factories in developing countries often face minimal regulation. Then
Speaker 3: there's ultrafast fashion, which takes this concept to the extreme.
Speaker 3: Brands like Sheen, Boohoo and Princess Poll are at the
Speaker 3: forefront of this trend. Ultra fast fashion doesn't just aim
Speaker 3: to be quick, it's designed to be instant. These companies
Speaker 3: can go from design to delivery in as little as
Speaker 3: twenty four hours, and they regularly release thousands of new
Speaker 3: styles every day. They achieve this through cutting age technologies
Speaker 3: like digital design and three D printing, which allow for
Speaker 3: real time adjustments based on what's trending on social media.
Speaker 3: But with this extreme speed takes the environmental and ethical
Speaker 3: concerns to another level. And if you think that the
Speaker 3: impacts stop there, think again, my friend. When we come back,
Speaker 3: we're going to dive into the staggering number of clothes
Speaker 3: fast fashion brands produce every year and where all those
Speaker 3: unsold items actually end up. Spoileriller, it's not very pretty.
Speaker 3: Welcome back, my friends, We're diving straight into the heart
Speaker 3: of the issue over production. According to worldmeetrics dot org,
Speaker 3: fast fashion brands collectively produce an astonishing one hundred and
Speaker 3: fifty billion new items of clothing each year, far exceeding
Speaker 3: the actual consumer demand. This overproduction is a hallmark of
Speaker 3: the fast industry, where the emphasis is on quantity over quality.
Speaker 3: The sheer volume of clothing being churned out not only
Speaker 3: leads to massive amounts of unsold inventory, but also intensifies
Speaker 3: the environmental crisis. The equivalent of one garbage truck of
Speaker 3: textiles from these brands is land filled or burned every
Speaker 3: second yep, every single second, and the synthetic fibers commonly
Speaker 3: used in fast fashion can take hundreds, if not thousands
Speaker 3: of years to biodegrade. You only have to search hashtag
Speaker 3: textile waste to see the distressing images of piles and
Speaker 3: piles of clothes slowly breaking down and leaching harmful chemicals
Speaker 3: into the soil and water, effectively poisoning our planet for generations.
Speaker 3: It's not just the environmental cost, though, is it. It's
Speaker 3: the human cost too. Labour conditions in the fast fashion
Speaker 3: industry are notoriously poor, with workers often facing severe exploitation.
Speaker 3: According to the Clean Clothes Campaign, over eighty percent of
Speaker 3: the garment industry's workforces may of women, many of whom
Speaker 3: are subjected to long hours, low wages, and unsafe working conditions.
Speaker 3: In countries like Bangladesh, where much of the world's fast
Speaker 3: fashion is produced, garment workers earn as little as ninety
Speaker 3: six dollars a month, which is far below the living
Speaker 3: wage of four hundred and seventy two dollars. Additionally, the
Speaker 3: International Labor Organization reports that instances of forced and child
Speaker 3: labour are disturbingly common in the global supply chain of
Speaker 3: fast fashion brands. These harsh conditions are a direct result
Speaker 3: of the relentless pressure to produce clothing quickly and cheaply,
Speaker 3: often leading to significant human rights violations. This is further
Speaker 3: intensified by a troubling lack of transparency and accountability within
Speaker 3: the industry. To keep up with this speed of distribution,
Speaker 3: these fast fashion platforms often rely on copying designs of
Speaker 3: other brands. Recently, a TikTok craze has emerged, where users
Speaker 3: are exposing machines practice of selling dupes or knockoff versions
Speaker 3: of popular items from really well known brands under different
Speaker 3: store names with the Sheen platform. This trend has caught
Speaker 3: the attention of many shoppers, who are arguably eager to
Speaker 3: find designer inspired pieces at a fraction of the price.
Speaker 3: Creators online are often showcasing side by side comparisons of
Speaker 3: items from Sheene and their more expensive counterparts. Many of
Speaker 3: these videos highlight just how similar they are in design
Speaker 3: but drastically different in price and usual equality. For me,
Speaker 3: it raises ethical questions about originality and the impact of
Speaker 3: such practices on designers who invest significant time and resources
Speaker 3: into creating their collections. Additionally, there are concerns about the
Speaker 3: quality and longevity of these sheen items, as well as
Speaker 3: the broader implications of supporting ultra fast fashion. Earlier this year,
Speaker 3: a TikTok user named Emma went viral when she discovered
Speaker 3: a Sheen tag inside at one hundred and eighty dollar
Speaker 3: pink outfit she purchased from the brand Jaded London. This
Speaker 3: incident highlights a lesser known aspect of the fashion industry,
Speaker 3: the practice of white light. Brands like the one in
Speaker 3: this TikTok video, often visit wholesale markets in Chinese manufacturing
Speaker 3: hubs to purchase pre made apparel items. These items are
Speaker 3: then rebranded and sold under that company's label. In Emma's case,
Speaker 3: it's likely that the outfit she bought was originally manufactured machine.
Speaker 3: When Sheine didn't sell enough of these units, the excess
Speaker 3: stock may have been taken to a wholesale market. A
Speaker 3: representative from Jaded London might have purchased the outfit, rebranded
Speaker 3: it and sold it at a higher price point, inadvertently
Speaker 3: leaving the original Sheine tag inside. It's a glimpse into
Speaker 3: the tangled web of fast fashion supply chains. It's a
Speaker 3: reminder that when you buy from certain brands, you might
Speaker 3: not be getting what you think you are. That exclusive
Speaker 3: piece could just be another product of fast fashions over
Speaker 3: production machine, rebranded and marked up without you even knowing it.
Speaker 3: But here's the good news. You have the power to
Speaker 3: make choices that align with your values. By supporting fast fashion,
Speaker 3: you're choosing quality over quon, ethics over shortcuts, and sustainability
Speaker 3: over disposability. Slow fashion isn't about keeping up with the
Speaker 3: latest trends. It's about building a wardrobe that lasts, supporting
Speaker 3: brands that treat their workers fairly, and reducing your impact
Speaker 3: on the planet. Think about shopping secondhand, hitting up clothing swaps,
Speaker 3: or investing in timeless pieces that won't go out of
Speaker 3: style next season. It's also about asking questions, demanding transparency
Speaker 3: from the brands you love, and refusing to settle for
Speaker 3: anything less than what's right. You don't just want the bag,
Speaker 3: You want to feel good about the bag and everything
Speaker 3: it stands for. So next time you're scrolling through your
Speaker 3: favorite fashion site, take a moment to consider the story
Speaker 3: behind the clothes and how you can be part of
Speaker 3: a more sustainable and ethical future. The advice shared on
Speaker 3: Sheese on the Money is general in nature and does
Speaker 3: not consider your individual circumstances. Sheese on the Money exists
Speaker 3: purely for educational purposes and should not be relied upon
Speaker 3: to make an investment or financial decision. If you do
Speaker 3: choose to buy a financial product.
Speaker 4: Read the PDS TMD and obtain appropriate financial.
Speaker 3: Advice tailored towards your needs.
Speaker 4: Victoria Divine and She's on the Money are authorized representatives
Speaker 4: of Money. Sheper p t Y lt D a BN
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