Inside Retail
JANUARY 18, 2023
Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.
Retail TouchPoints
JANUARY 4, 2022
The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . Levi’s marketers astutely recognized this trend during the pandemic and debuted Levi’s SecondHand in October 2020.
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Inside Retail
AUGUST 28, 2022
Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fast fashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. million in 2020. Missguided was once Britain’s most visited online retailer.
Indigo 9 Digital
DECEMBER 14, 2022
ThredUP which was founded in 2009 has become one of the more popular destinations for secondhand clothing with the CEO of ThredUp, James Reinhart, saying that: “I started ThredUp back in 2009 after staring at a closet full of clothes that I never wore. I knew there was value locked up in those clothes, and I knew I wasn't the only one.
Retail TouchPoints
APRIL 4, 2024
“Fast fashion is not free. Someone, somewhere is paying the price.” – Lucy Siegle The fast fashion industry is hardly new, but the recent rise of international powerhouses has sparked new conversations and insights into the industry. But how, and why, are these fast fashion superpowers making so much money?
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