Remove Accounting Remove Apparel Remove Fast Fashion Remove Fulfillment
article thumbnail

How Shein and Temu are driving up the cost of air freight

Inside Retail

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid transit times, more than ten industry sources said. That equates to around 108 Boeing 777 freighters a day, the consultancy said.

article thumbnail

How Retailers can Overcome the Challenges Faced on the Path to Sustainability

Retail TouchPoints

But operating sustainably isn’t just about meeting consumer expectations — there are industry and business practices to fulfil too. This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Across the globe, lawmakers and government entities are introducing sustainability legislation. Recommerce.

Insiders

Sign Up for our Newsletter

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

article thumbnail

SHEIN’s Head of Strategy on Setting (and Achieving) Firmer ESG Goals

Retail TouchPoints

Despite the controversies, the fast-fashion brand has been named one of Gen Z’s favorite brands and one of the fashion industry’s most popular brands. Third-party suppliers then access these demand metrics through the system and let the brand know whether they have the capacity to fulfill that demand for production.

article thumbnail

Jason & Scot Show Episode 318 Temu Deep Dive with Earnest Analytics

Retail Geek

They sourced respectively from a large account aggregator, like a budgeting app, and part of a POS system in the US. But unlike traditional Western-based marketplaces, Temu does a lot more of the work, of listing the products and fulfilling the products for the factory. Marketplace sellers to sell and fulfill their goods from the U.S.

article thumbnail

Jason & Scot Show Episode 284 Annual Predictions 2022

Retail Geek

Jason : Made to Order apparel business > 9 figures Yes Retailer offers viable health alt insurance option to consumers No Grocery E-Com > 10% someone deploys(not pilots) MFC Yes Amazon Shopify Competitor (shipping solution) No Retail Media > $20B Yes. 2021 Predictions Recap.

article thumbnail

Jason & Scot Show Episode 316 Annual Predictions 2024

Retail Geek

So they, you know, when this happened, you and I, I think jointly predicted that them getting into fulfillment was not only a bad idea, but a terrible idea. 56:16] And, you know, Xi’an is really largely focused on apparel.

article thumbnail

Jason & Scot Show Episode 283 – 2021 Year End Review

Retail Geek

Retailers now compete with social media networks for eyeballs Apparel has shifted from designer led to consumer led, as evidenced by the meteoric rise of Shein. Properly and consistently I can tell you that the person assigned to fill out the surveys is generally not the most senior accountant at the it’s usually not the CFO.