E&M

2022/1

Giovanna Fullin

Work and Institutions in the Global Fast Fashion Market

Economic globalization and the vigorous managerial efforts to minimize labor costs in the fast fashion sector have had the consequence of devaluing the work of employees, standardizing their duties, and gradually reducing investments in training. A comparative analysis between the United States and Italy has shown that, despite the greater regulatory safeguards present in our country, the levels of dissatisfaction in regard to salaries and human resources management is similar in both situations.#Although a different business model could lead to an improvement of work conditions without reducing profits, it is difficult for this change to occur, because financialization and globalization of the market seem to exert very strong pressure in the opposite direction on multinational corporations.

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