Retail TouchPoints

MARCH 27, 2024

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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Apparel Fast Fashion Fashion Thrift Store 240

Inside Retail

OCTOBER 30, 2023

With the launch of SA1NT Layers, Former 2XU owner Aidan Clarke has gone back to his roots, with a renewed focus on performance and recovery sportswear apparel. We have evolved our moto jeans and fabrics no less than six times, and this obsession to set the standard and keep raising the bar is now driving us to stand out in sports apparel.

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Apparel Fast Fashion Planning Returns 264

Retail Wire

NOVEMBER 10, 2021

Major retailers are moving their apparel and footwear manufacturing out of Asia to produce goods closer to major consumer markets in the U.S. Mango, the fast-fashion chain, has moved production from China and Vietnam to Brazil and Mexico. and Europe.

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Apparel Fast Fashion Fashion Consumer 130

Inside Retail

JUNE 2, 2021

More young consumers are moving toward second-hand fashion options, conscious of the environment and carbon footprint of the clothing industry. The post Etsy to buy fashion reseller Depop in push for younger consumers appeared first on Inside Retail. Reporting by Nivedita Balu.

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Retail TouchPoints

JANUARY 4, 2022

As retailers have struggled to navigate changes in consumer behavior and economic uncertainty brought on by the pandemic, one area has seen continued growth: recommerce. Recommerce checks many boxes for both consumers and businesses. In fact, apparel resale revenues are growing 24 times faster than retail apparel sales. .

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Consumer Thrift Store Apparel Returns 306

Retail TouchPoints

APRIL 5, 2023

Consumers and retailers are turning to resale more than ever amid economic uncertainty, according to ThredUp ’s 11th annual Resale Report , conducted by GlobalData. consumers ( 52% ) shopped secondhand apparel in 2022. In fact, one in three apparel items bought in the last 12 months in the U.S. consumers bought 1.4

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Retail TouchPoints

NOVEMBER 12, 2021

Ireland-based fast fashion retailer Primark is continuing its steady expansion in the U.S., The company’s most recent opening, its 13 th , took place in Philadelphia’s Fashion District in September 2021. market,” said Paul Marchant, CEO of Primark in a statement. The retailer opened its first U.S.

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Inside Retail

OCTOBER 2, 2023

Winnie Park has quite the resume in apparel retail, having worked as senior director of merchandising at Levi Strauss & Co and executive vice president of marketing at DFS Group. Now, she is the CEO of one of the most well-known fashion chains in the industry, Forever 21.

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Retail TouchPoints

MAY 27, 2020

Walmart continues its mission to elevate its reputation in fashion with its new ThredUP partnership, which gives e-Commerce shoppers access to secondhand merchandise across the full spectrum of prestige — from luxury names such as Chanel and Prada to middle-market Ann Taylor LOFT and Lands’ End to affordable Old Navy and fast-fashion leader H&M.

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Marketing Fast Fashion Fashion Accessories 215

Retail TouchPoints

MAY 4, 2023

This contrasts with fellow China-based discount shopping apps such as Wish and Temu , which use a consumer-to-manufacturer marketplace model. thanks to on-trend discount offerings enabled by its real-time fast fashion model. before rolling out to other global markets. Shein has enjoyed a meteoric rise in the U.S.

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Fast Fashion Fashion Apparel Shipping 272

Retail TouchPoints

DECEMBER 21, 2023

Resale Continued its Rise but Came Under Financial Scrutiny Consumers’ enthusiasm for secondhand goods, as well as other forms of more sustainable consumption like rental and repair services, showed no sign of slowing in 2023. Media and Advertising Became More Contextual (and Measurable) Marketing teams are feeling more pressure to perform.

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Sporting Goods Advertising Consumer Apparel 273

Inside Retail

JULY 5, 2022

Inditex’s other brands, including Zara and Massimo Dutti, however, will remain operating in the market. The withdrawal of the labels from China follows American Eagle Outfitters’ recent move to close its local e-commerce stores in the country, prompting its departure from the market.

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Fast Fashion Net Profit Fashion Apparel 130

Inside Retail

FEBRUARY 21, 2024

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. They are scouring the market for any aircraft they can find.

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Fast Fashion Shipping Fashion Accounting 130

Retail TouchPoints

APRIL 8, 2021

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. Coresight expects fashion resale to grow at twice the rate of the total U.S. fashion market this year alone.

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Consumer Fashion Apparel Returns 340

Inside Retail

APRIL 26, 2021

Australian online clothing rental company GlamCorner is adapting its offering as more brands look to launch their own branded rental service amidst major changes in consumer behaviour. According to Future Market Insights, the global online clothing rental market is currently worth US$1.9 The ‘Attenborough’ effect.

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Fashion Marketing Fulfillment Fast Fashion 246

Retail TouchPoints

OCTOBER 20, 2022

As prices continue rising, consumers rely on a combination of their wallets and consciences when deciding which fashion industry trends to buy into. Innovations include new biodegradable materials and manufacturing processes that reduce both textile and environmental waste in the pursuit of sustainable apparel.

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Fashion Fast Fashion Apparel Consumer 260

Retail TouchPoints

JUNE 2, 2021

billion as it looks to extend its reach both in the apparel sector and with Gen Z consumers. Depop’s peer-to-peer marketplace for secondhand fashion is the 10 th -most-visited shopping site among Gen Z consumers in the U.S., The site is primarily known for its vintage, streetwear and Y2K (late 1990s/early 2000s) fashion.

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Fast Fashion Apparel Fashion Consumer 278

Inside Retail

JANUARY 31, 2023

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. This, he explained, counts against fast fashion. “In

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Fast Fashion Fashion Apparel Net Profit 147

Retail TouchPoints

SEPTEMBER 29, 2022

There are signs of a disconnect between consumers and retailers when it comes to sustainability. A recent report has found that two-thirds of consumers are willing to pay more for sustainable products than retailers expect — and reveals that consumer preference for recommerce models is also being underserved. A Starting Point.

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Fast Fashion Fashion Markdowns Consumer 318

Inside Retail

AUGUST 31, 2023

Last year’s must-have dress, yesterday’s flares and countless other Western castoffs are strangling the Global South, prompting calls for fast fashion to pay the price for rampant overproduction. Noi said the market generates at least 100 tonnes of fabric waste daily, while city trash trucks can only carry 30 tonnes.

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Fast Fashion Fashion Shipping Marketing 130

Inside Retail

MARCH 31, 2022

Following its rapid success, many competitors have emerged from China with hopes to take a slice of the e-commerce pie, with the likes of Alibaba and TikTok jumping into the fast fashion ring. Seeing Shein’s massive popularity on the app, TikTok owner ByteDance launched its own fast fashion platform, called Dmonstudio, in late 2021.

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Fast Fashion Payment Services Fashion Shipping 130

Inside Retail

OCTOBER 26, 2021

Mars Food rebranded Uncle Ben’s rice to Ben’s Original in response to criticisms of the racial caricatures in its marketing. Consider fast fashion brands that promote International Women’s Day while simultaneously profiting from the exploitation of female workers. Change from within. Beyond making money.

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Consumer Promotions Fast Fashion Marketing 130

Inside Retail

MAY 10, 2021

It has also successfully created a sense of FOMO (fear of missing out) among some consumers. Alternatively, they may become the innovators in apparel trends, and develop ongoing collections such as the H&M designer capsule ranges,” she observed. It’s not the first time furniture retailers have become lifestyle brands.

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Apparel Fast Fashion Fashion Accessories 246

Inside Retail

MARCH 26, 2023

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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Fast Fashion Fashion Consumer Returns 246

Inside Retail

SEPTEMBER 26, 2022

To a slow fashion apparel brand in rural Cambodia, Australia’s sophisticated fashion capital of Melbourne seems a world away – and not just geographically. Earlier this year, the brand made a debut inside Myer’s Bourke Street Mall flagship store and became the first Cambodian apparel brand to be stocked by the Aussie retailer.

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Fashion Fast Fashion Dead-Stock Apparel 246

Indigo 9 Digital

FEBRUARY 28, 2023

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. Something has to be said about a first mover advantage, it makes things easier.

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Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

APRIL 17, 2023

It speculated that future fashion collections could be made with a creative director and an AI program to bring clothes and accessories to market faster, more efficiently and improve the CX factor as well. Beyond that, an increase in the production of clothing means that there is more choice for consumers than ever before.

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Fashion Fast Fashion Returns Inventory Management 245

Inside Retail

FEBRUARY 5, 2023

They claim that more than 30,000 workers in eight factories that produce Adidas apparel are owed $11.7 We reached out to two experts to dissect this media fiasco and explore the bigger picture for brands, retailers and marketers in this day and age of misinformation. million in wages.

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Fast Fashion Fashion Advertising Management 130

Retail TouchPoints

MAY 9, 2023

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. Getting products to market faster also incentivizes shoppers to continuously visit the ecommerce site or mobile app, essentially gamifying product consumption.

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Fulfillment Fashion Apparel Fast Fashion 229

Indigo 9 Digital

FEBRUARY 9, 2023

Yanai built UNIQLO by studying the Gap, which became successful by selling private branded apparel. “In Budget conscious consumers flocked to the retailer to buy its inexpensive clothing. With 917 stores in China, China is UNIQLO’s number one international market making up approximately 25% of UNIQLO’s revenue.

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Fast Fashion Apparel Fashion Retail Trends 98

Inside Retail

NOVEMBER 23, 2022

Capgemini research shows consumers are willing to pay a premium for products they deem sustainable, and prefer to purchase from businesses that place sustainability at the core. Consumer demand shapes retail perspective . Predictive analytics, for example, adjust supply to consumer demand and mitigate waste.

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Apparel Fashion Consumer Fast Fashion 130

Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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Inside Retail

DECEMBER 19, 2023

Hear the phrase ‘fashion waste’ and most people immediately associate it with the fast-fashion industry producing products with short lifespans, ultimately destined for landfills. This is known as pre-consumer waste and includes scraps, offcuts, and rejected garments that are discarded during the production stage.

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Fashion Markdowns Apparel Fast Fashion 130

Retail TouchPoints

JUNE 28, 2022

Recommerce, the sale of secondhand merchandise, is a hot topic as consumers become more enthused about recycling goods rather than contributing to enormous mountains of landfill waste. While secondhand marketplaces are steadily growing, they barely make a dent in the billions of items today’s consumers generate. Take the U.S.

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Returns Merchant Services Fashion Fast Fashion 196

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. In the past, repurposing it required a meticulous approach that was equal parts complicated and time-consuming.

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Inventory Management Apparel Fashion Specialty Store 148

Inside Retail

APRIL 25, 2021

The teen apparel retailer announced that it will be closing its flagship store in May – the brand’s only store in the country. Other flagships followed as far afield as Tokyo, Milan, Paris, Madrid and Singapore – although advertising in the latter market quickly fell foul of guidelines on decency. Abandonment of sexualised marketing.

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Fast Fashion Fashion Accounting Target Market 223

Inside Retail

FEBRUARY 22, 2023

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. Another option gaining popularity in fashion is upcycling pieces into refreshed garments.

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