Inside Retail

APRIL 12, 2021

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. ” How Nike Refurbished works.

Fast Fashion 264

Fast Fashion Fashion Returns Consumer 264

Inside Retail

MARCH 27, 2022

Co-founder and co-CEO Kirsten Kore says the business is in the “right place at the right time” to capitalise on consumers’ growing interest in sustainable alternatives to fast fashion, such as rental. According to FMI, global online clothing rental sales are expected to grow 11 per cent CAGR between 2021 and 2031.

Fashion 130

Fashion Fast Fashion Payment Services Shipping 130

Inside Retail

SEPTEMBER 30, 2021

Online marketplace StockX has seen exponential growth since it gained momentum in 2016. Between 2019 and 2021, StockX reported a 200 per cent increase in distinct designer collaborations. Major brand collaborations aren’t always between luxury fashion brands, elusive artists and uber-famous musicians and athletes, either.

Fashion 130

Fashion Accessories Fast Fashion Apparel 130