Remove Advertising Remove Consumer Remove Fast Fashion Remove Returns
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Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

A few years ago, buying resale online was still something that had to be sold to consumers. But as ThredUp ’s 12th annual Resale Report shows, the need for a hard sell is over — consumers of all ages have clearly bought into the idea, with secondhand apparel sales growing 15X faster than the broader retail clothing sector in 2023.

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How retailers are tackling textile waste as Aussies overconsume

Inside Retail

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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Three key trends in retail strategy for 2023

Inside Retail

The fashion industry has been a leader in adopting new technologies and circular-economy initiatives in recent years. During the pandemic, direct-to-consumer e-commerce brands took centre stage, including popular Australian activewear brand LSKD. And Nike and Adidas entered the metaverse at full speed.

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AV in retail: Putting the customer first

Retail Focus

As shoppers return to malls and high streets, this trend shows no signs of abating, as retailers look to provide unique, interactive and frictionless experiences that tie in with digital offerings. One example of this in action is furniture retailer Ikea’s Vienna downtown concept. We have an amazing future in front of us.

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Primark’s Strategy, 4 Elements to Consider

Indigo 9 Digital

Shein was recently valued at $66 billion and is now the largest fast fashion retailer in the United States. It only took Shein aournd 15 years to dethrone other fast fashion retailers in the United States like H&M and Zara. Returns made in store are also free. Limited advertising. No eCommerce.

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Vox Pop: Experts Weigh In on TikTok’s Luxury Resale Gambit

365 Retail

By partnering with established resale platforms like Reflaunt and Depop , the social media giant is positioning itself at the forefront of an emerging trend – the convergence of social media, e-commerce, and sustainable fashion. And how might it reshape retail experiences and consumer mindsets?

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What’s the Future for Stores on the UK High Street?

Retail TouchPoints

As online competitors offer rapid delivery, attractive prices and flexible returns, customers are becoming disenchanted and disinterested by the high street, resulting in the takeover of online shopping. Due to the structural nature of ecommerce, online shops remained open as usual during the coronavirus pandemic.