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The perfect fit: Custom tailor Institchu reveals growth plans for 2022

Inside Retail

“Everyone is now realising there are alternatives to fast fashion and through brands like InStitchu you can purchase tailored clothing for the same price as off-the-rack mass-produced garments – less clutter for the customer, less waste for brands, and less impact on the environment,” Wakefield said.

Planning 130
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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

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Zara’s Strategy - 7 Ways it Stays on Top

Indigo 9 Digital

In 2021 Inditex generated 27.7 Then in 2021 Zara’s digital sales were up 14% on top of breakthrough sales the year before. Along with that move Inditex had a plan to close up to 1,200 stores by the end of 2022 and open 450 new stores. These companies include Shein, Boohoo, Fashion Nova and ASOS. billion euros in sales.

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8 Things to Know About ThredUp’s Growth & Challenges

Indigo 9 Digital

ThredUp has found that a lot of the clothing sold on its site is from fast fashion retailers like Shein and PrettyLittleThing. The resale market is expected to grow quickly from $15 billion in 2021 to $47 billion by 2025. It also received a 75% increase in garments from the PrettyLittleThing brand versus the prior year.