Retail TouchPoints

OCTOBER 31, 2023

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. fast fashion brand Forever 21 ; those two brands recently announced plans for a co-branded line of men’s and women’s apparel that will be sold exclusively on Shein.

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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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Retail TouchPoints

APRIL 5, 2023

consumers ( 52% ) shopped secondhand apparel in 2022. In fact, one in three apparel items bought in the last 12 months in the U.S. secondhand apparel market is projected to reach $70 billion by 2027; globally the secondhand market is set to nearly double by 2027, reaching $350 billion. As a result, the U.S.

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Inside Retail

SEPTEMBER 13, 2023

Founded in 2019 by Lauren Mariani as a lingerie brand, Sotto Brand quickly expanded into complimentary apparel. Further reading, Australian fast-fashion brand Princess Polly has expanded in the US, opening a flagship store in Los Angeles.

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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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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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Retail TouchPoints

MAY 4, 2023

thanks to on-trend discount offerings enabled by its real-time fast fashion model. before rolling out to other global markets. The platform will host both local and international third-party sellers on the Shein site and app alongside Shein-branded apparel products. Shein has enjoyed a meteoric rise in the U.S.

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Fast Fashion Fashion Apparel Shipping 274

Retail TouchPoints

NOVEMBER 28, 2023

Fast fashion juggernaut Shein has confidentially filed to go public, multiple sources report. based Sparc Group , which owns fast fashion rival Forever 21. Rumors of an IPO for the discount app have swirled for over a year now as Shein has continued its meteoric rise in the U.S. and the world.

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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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Inside Retail

APRIL 9, 2024

Fast fashion giant Shein will provide a variety of interactive, immersive, and fashion experiences at Ultra Australia music festival in Melbourne on April 13.

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Inside Retail

APRIL 26, 2021

“A lot of brands have already decided that rental is going to comprise a big piece of the fashion and apparel industry in the coming years, just like 10 years ago, building an online offering was going to be core to the product strategy,” he said. Overall, 57 per cent agree that buying too many fashion items is bad for the environment.

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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

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.

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Retail TouchPoints

AUGUST 15, 2023

Since its launch in 2019, Parade quickly established itself as a force to be reckoned with in the intimate apparel industry, setting new standards for inclusivity, body positivity and self-expression both through its product line and branding. Financial details of the deal were not disclosed. ”

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Retail TouchPoints

OCTOBER 20, 2022

Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts to reduce or offset their carbon footprints. Entering the Market of Eco-Friendly Clothing Manufacturers, Designers and Sellers.

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Fashion Fast Fashion Apparel Consumer 262

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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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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Inside Retail

MAY 10, 2021

Alternatively, they may become the innovators in apparel trends, and develop ongoing collections such as the H&M designer capsule ranges,” she observed. Meanwhile, its Japanese competitor Muji also sells apparel and accessories alongside homewares and furnishings.

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Retail TouchPoints

JANUARY 4, 2022

The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . In fact, apparel resale revenues are growing 24 times faster than retail apparel sales. . Understanding the Resale Phenomenon.

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Fashion Retail

DECEMBER 12, 2021

Last week, Royal Bank of Canada Capital Markets published European General Retail primer; the strong to get stronger, a report that presents latest market trends, financial … More Apparel Brands Report 2021.

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Apparel Marketing Fast Fashion Fashion 52

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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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

OCTOBER 13, 2021

Supply bottlenecks, slower product deliveries and higher freight and labour costs risk shifting the fast fashion industry into the slow lane, as shown this week by British online fashion retailer Asos. Cheap supplies from Asia have been central to many fast fashion business models.

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Fashion Fast Fashion Apparel Shipping 130

Retail Dive

JUNE 23, 2021

The segment, which may outpace the wider market eleven-fold in that time, is upending fast fashion, according to a report from the secondhand site.

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Fast Fashion Apparel Fashion Marketing 76

Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Particularly for those operating in fast fashion, where the negative environmental and social impact of unsustainable practices is increasingly under public and media scrutiny. Recommerce.

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Inside Retail

FEBRUARY 24, 2022

Sydney-based brand distributor True Alliance this week revealed that it is bringing iconic American apparel brand Gap back to Australia as an online-only offer. And last year, it started the process of closing all 81 stores in the UK and Ireland , leaving it with only a digital presence in those markets. “In

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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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Consumer Fashion Fast Fashion Apparel 130

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

MARCH 3, 2022

They head a growing list of retail brands which have already announced actions to end or reduce sales in Russia, including Swedish fast-fashion company H&M, online apparel store Asos, and tech giant Apple. Spanish fast-fashion rival Mango said it would temporarily close its stores and website in Russia.

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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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VMS

DECEMBER 14, 2021

Apparel and accessories from fast fashion brand Forever 21 (Los Angeles) will available online and at JCPenney stores, according to a press release. The addition of this brand to our portfolio rounds out our Young Minded assortment and brings an exciting new element of in-the-moment fashion.”.

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Visual Merchandising Fast Fashion Accessories Apparel 92

Indigo 9 Digital

FEBRUARY 9, 2023

Yanai built UNIQLO by studying the Gap, which became successful by selling private branded apparel. “In With 917 stores in China, China is UNIQLO’s number one international market making up approximately 25% of UNIQLO’s revenue. share of the Chinese apparel market, larger then any other brand. In 2021 Uniqlo had a 1.4%

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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. An article from McKinsey & Co explores this idea in some depth.

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Retail TouchPoints

JUNE 30, 2021

While the pandemic had a chilling effect on apparel sales as a whole, the resale sector was blazing hot: it grew 29% in 2020 to capture $9 billion in U.S. That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025.

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Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales.

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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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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. Meanwhile, sustainable fashion business models like resale, rental and repair only unravel the post-consumer garment waste problems.

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