article thumbnail

Exploiting Loopholes: The Dark Side of Fast Fashion Giants Shein and Temu

Retail TouchPoints

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?

article thumbnail

Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

By 2015, a year after opening 17 stores but still unable to get traction, it began to cut its losses and close smaller, unprofitable suburban mall stores yet again. GU has landed, too Uniqlo, though frequently referred to inaccurately as a ‘fast fashion’ retailer, is neither fast nor particularly at the cutting edge of trends.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

H&M posts surprise profit, despite slow seasonal sales

Inside Retail

While H&M showed signs of bringing its costs under control, it still struggled to compete with major rival Inditex, owner of Zara and other brands, as well as rapidly expanding fast fashion online retailers such as SHEIN and Temu. crowns in Stockholm on Wednesday, just one third of its 2015 all-time high of 368.5

article thumbnail

How Shein’s social media tactics have won over ‘eco-conscious’ Gen Z

Inside Retail

Chinese fast fashion retailer Shein may frequently grab headlines for the wrong reasons but there’s no denying the increasing popularity of the controversial brand. As of October 2020, Shein was the world’s largest online-only fashion company, according to Euromonitor International. The price of fast fashion.

article thumbnail

What Europe’s upcoming ban on unsold textiles means for fashion

Inside Retail

Earlier this year, the European Commission (EC) announced its 2030 vision for textiles, moving the goalposts once again when it comes to sustainable and circular solutions for fashion’s waste problem. It envisions that fast fashion will be out of fashion, and that economically profitable re-use and repair services will be widely available.

Fashion 245
article thumbnail

From moto to marathons: What’s next for performance apparel brand Sa1nt

Inside Retail

Here, Clarke reflects on how the SA1NT business has evolved since 2015, and the opportunities that are present in the recovery space. IR: Can you share your business journey from Sa1nt Moto in 2015, including the evolution that occurred from motorcycle wear?

Apparel 264
article thumbnail

Founder of Silk Laundry on building a sustainable global fashion brand

Inside Retail

Silk Laundry was founded by Katie Kolodinski in 2015 and has earned a reputation in the fashion industry for its considered approach to design. Kolodinski’s personal ethos of sustainability is a thread that seamlessly runs throughout the fashion brand, from fabric sourcing to the design and construction of Silk Laundry’s garments. “I

Fashion 246