EXPLORING POTENTIAL FACTORS THAT REDUCE CONSUMERS’ PURCHASE INTENTION TOWARDS FAST FASHION PRODUCTS

Abstract

Fast fashion brands gain their competitive advantages through launching new products to the market quickly in order to adapt to consumer’s rapidly changing preferences. Despite of these advantages, the fast fashion business model, in which accelerated process of product design, production, and launch is implemented, inevitably generates ethically controversial issues in fashion industry, such as intensifying environmental pollution during the production process, exploiting designers and workers, or excessively wasting resources. One possible solution to these problems might lie in reducing demand towards fast fashion products. Thus, this present study intends to explore potential means to reduce demand. It will begin with a review of literature regarding ethical concerns raised by fast fashion business model, consumers’ views towards buying fast fashion products and these concerns, and existing methods employed to reduce harm derived from fast fashion brands. Content analysis of articles and online posts addressing fashion and ethics related topics will also be conducted to collect first-hand information regarding these aspects. As a result, potential strategies or practices aiming at solving problems generated by unethical fast fashion business practices could be discovered and derived. Findings of this study are expected to provide more organized thoughts regarding ethical issues associated with fast fashion business model and how these issues concern the industry and consumers. Specifically, results of the preliminary examination will help us understand how general public and consumers perceive fast fashion business models and brands, their business practices, ethical concerns associated with these practices, and their proposed solutions. It is expected that consumers might be more willing to reduce unnecessary purchases of fashion goods if they are more aware of unethical business practices generated by practicing fast fashion business model. These results are expected to offer insights into potential strategies that (1) can be employed by policy makers to reduce waste and promote green consumption, (2) help raise consumers’ awareness regarding the negative impact of fast fashion business model, and (3) assist to return to a healthier fashion industry.