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Sean Slater Sean Slater

The retail industry is rapidly evolving, and trends that were once mainstays have been dying out. This has manifested as major store closures in the last couple of years, and unfortunately, we aren’t out of the dark yet. In 2019, expect fast fashion brands like H&M and Forever 21 to start to show signs of trouble, according to Sean Slater of Retail Design Collaborative. While Slater doesn’t necessarily expect major store closures next year, he says that these brands are on their way out.

“Fast fashion or fast retail is dying. The numbers are spelling that out. H&M and Zara are not doing nearly as well as they have been,” Slater, a principal at Retail Design Collective, tells GlobeSt.com. “There are a lot of ethical issues with throw away fashion. Online services that provide with customized clothing using robotics and replicate your style is going to really hit fast fashion.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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