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How to transform returns from a costly headache into a profit centre

Inside Retail

“Up to 30 per cent of your sales may end in a return, and up to 50 per cent of an item’s original value makes up the return cost, including shipping, warehousing, and labour costs,” explains Tara Daly, senior director of product marketing at Loop Returns. For example, a summer dress can quickly go out of style in a couple of months.

Returns 147
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How to transform returns from a costly headache into a profit centre

Inside Retail

“Up to 30 per cent of your sales may end in a return, and up to 50 per cent of an item’s original value makes up the return cost, including shipping, warehousing, and labour costs,” explains Tara Daly, senior director of product marketing at Loop Returns. For example, a summer dress can quickly go out of style in a couple of months.

Returns 147
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Tommy Hilfiger Amps Up Circularity Efforts with Resale in the U.S., Rental in the UK

Retail TouchPoints

Both programs are part of the fashion label’s “ Waste Nothing and Welcome All ” initiative, which, among other targets, aims to make Tommy Hilfiger a fully circular brand by 2030. market is packed with circular potential and together with ThredUP we’re hoping to make a long-lasting difference.”. Tommy Hilfiger , owned by PVH Corp. ,

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Meet the women bringing Latin American fashion to the world

Inside Retail

From Oscar de la Renta, to Carolina Herrera, to Gabriela Hearst, some of the biggest names in fashion are from Latin America. The Latin American Fashion Summit (LAFS) aims to change that. We took the opportunity to ask Tams about the Latin American fashion industry and what sets Latinx designers apart.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. But times have changed dramatically in the 13 intervening years: Temu , which debuted just last September, is now the top shopping app in the U.S., followed by former #1 Shein , now bumped down to the #2 position. (It

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Christina Stephens: Meet adaptive fashion’s disruptive duo

Inside Retail

In just two years, the adaptive fashion brand Christina Stephens has grown retail revenue fourfold by tapping an underserved market for stylish clothes that meet the unique needs of people with disabilities. We were shopping on James Street in Fortitude Valley when my mum tripped and smashed both of her elbows,” Sadler explains.

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Meet Lindsay Nicholas, the fashion designer bringing NY edge to Melbourne

Inside Retail

New York fashion designer Lindsay Nicholas started her business seven years ago as a side hustle while working in marketing in Singapore. Here, we chat with Nicholas about what sets the New York fashion scene apart, how her business fared in Covid, and why she’s committed to physical retail. What brought you to Melbourne?

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