[{"id":17404,"title":"Sustainability in the fast fashion industry","permalink":"https:\/\/bschool.nus.edu.sg\/biz-events\/event\/sustainability-in-the-fast-fashion-industry\/","category":"Seminars and talks","event_dept":{"value":"analytics-operations","label":"Analytics & Operations"},"event_sec_dept":false,"event_details":{"event_start_date":"28 April 2023","event_end_date":"28 April 2023","event_start_time":"10:00 am","event_end_time":"11:30 am","event_dress_code":"NA"},"event_loc":{"eve_address_selection":"5","eve_location_1":{"eve_org":"NUS Business School","eve_build":"Mochtar Riady Building","eve_room":"3-2","eve_add":"15 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119245,"eve_map_url":"https:\/\/goo.gl\/maps\/Q1kyjwxHNE22"},"eve_location_2":{"eve_org":"Shaw Foundation Alumni House","eve_build":"","eve_room":"Clove and Lemongrass Room Level 2","eve_add":"11 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119244,"eve_map_url":"https:\/\/goo.gl\/maps\/docgThkDWFxKdb9c7"},"eve_location_3":{"eve_org":"Hon Sui Sen Memorial Library Auditorium","eve_build":"","eve_room":"","eve_add":"1 Hon Sui Sen Drive","eve_count":"Singapore","eve_copos":117588,"eve_map_url":"https:\/\/goo.gl\/maps\/NJjWK4RMpC92"},"eve_location_4":{"eve_org":"NUSS Kent Ridge Guild House","eve_build":"","eve_room":"Dalvey Room","eve_add":"9 Kent Ridge Drive","eve_count":"Singapore","eve_copos":119241,"eve_map_url":"https:\/\/goo.gl\/maps\/nXn2Luh96pH2"},"eve_location_5":{"eve_org":"Institute of Data Science","eve_build":"Innovation 4.0","eve_room":"I4-01-03 (Level 1, Seminar Room) ","eve_add":"3 Research Link","eve_count":"Singapore","eve_copos":"117602","eve_map_url":"https:\/\/goo.gl\/maps\/i1xocvvDh27QUXem7"},"eve_location_6":{"eve_org":"","eve_build":"","eve_room":"","eve_add":"","eve_count":"","eve_copos":"","eve_map_url":""},"eve_location_7":""},"event_introduction":"","event_short_intro":"","event_topic":null,"event_banner":false,"event_external_url":"","event_registration_details":{"event_registration_form":false,"event_registration_message":"","event_registration_deadline":null,"eve_registration_url":"","event_form":"","event_registration_ack":""},"event_speaker":[{"event_speaker_name":"Javad Nasiry","event_speaker_designation":"Professor, Operations Management; Director, Sustainable Growth Initiative (SGI)","event_speaker_affiliation":"Desautels Faculty of Management McGill University","event_speaker_picture":false,"event_speaker_url":"","event_speaker_introduction":"

Javad Nasiry is a professor of Operations Management at\u00a0McGill’s Desautels Faculty of Management where he joined in 2019.\u00a0 He is the director of Sustainable Growth Initiative (SGI<\/a>) which is a cross-faculty initiative to mobilize the talent and expertise within McGill University to help businesses move towards more socially and environmentally sustainable business models.<\/p>\n

His main research interests are in\u00a0behavioural operations,\u00a0supply chain management,\u00a0sustainability,\u00a0retail operations, and\u00a0operations-marketing interface.\u00a0 His research\u00a0in sustainable operations focuses on the environmental consequences of new business models in apparel, renewable energy, and agriculture industries.<\/p>\n

Prior to joining McGill, he was an associate professor of operations management in\u00a0the School of Business and Management at the Hong Kong University of Science and Technology (HKUST) where he joined in 2010.<\/p>\n"}],"event_agenda":false,"event_photo_gallery":false,"event_presentations":false,"event_custom_heading":[{"event_custom_title":"Abstract","event_custom_details":"

We establish a much-needed link between the fast fashion business model and its environmental consequences. A fast fashion system allows firms to react quickly to changing consumer demand by replenishing inventory (via quick response) and introducing more fashion styles. We study the environmental impact of the fast fashion business model by analyzing its implications for product quality, variety, and inventory decisions. We find that a key driver of low product quality in the fast fashion industry is the firm’s incentive to offer variety to hedge against uncertain fashion trends. When variety is endogenous, quality decreases as consumers become more sensitive to fashion or as the cost of introducing new styles decreases.<\/p>\n

We assess the effectiveness of three environmental initiatives (waste disposal regulations, consumer education, and production tax schemes) in countering the environmental impact of fast fashion.<\/p>\n"}],"event_enquiry_details":{"event_enq_full_name":"","event_enq_department":"","event_enq_email":"","event_enq_telephone":"","event_enq_website":""}}]