Speaker unverified: belief

Transcript context

…There have always been a bunch of people that are concerned about the environmental impact. At least I know there's a lot of negative sentiment around fast fashion. How does that play into how all this is developing? I would say, at least right now, for a company like SHEIN, first of all, SHEIN is called ultra-fast fashion now I guess. I don't think the environmental impact is probably fully baked into it. I'm personally not a fan of the model. The point we're trying to make is just that the supply chain is really flexible now. The end goal really is to have it to be so flexible that you can make it as demand comes in so that it is completely just-in-time, and then you have zero inventory risk or zero inventory. You basically lower your cost so much. Yeah. It's not even inventory risk. It's not even just-in-time manufacturing. It's just-in-time creation and design of products. There's not even any product risk.…

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