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Ultra-fast fashion is undermining efforts to make the industry more sustainable

Inside Retail

Since the 1990s, fast fashion has enabled everyday people to buy the latest catwalk trends. Now, just when the fashion industry should be waking up and breaking free of this vicious cycle, it’s heading in the opposite direction. We’re on a downward spiral, from fast fashion to ultra-fast fashion.

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Exploiting Loopholes: The Dark Side of Fast Fashion Giants Shein and Temu

Retail TouchPoints

Fast fashion is not free. Someone, somewhere is paying the price.” – Lucy Siegle The fast fashion industry is hardly new, but the recent rise of international powerhouses has sparked new conversations and insights into the industry. But how, and why, are these fast fashion superpowers making so much money?

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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. million tonnes of textile waste by 2030, McKinsey said in the report.

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Shein profits double amid pending IPO approval

Retail Gazette

Shein has seen its profits soar to over $2bn (£1.6bn), more than doubling its previous figures, as the fast fashion giant awaits approval for a stock market listing in either New York or London. Although Spanish fashion titan Inditex , the owner of Zara and Bershka still remained higher at €6.9bn (£5.9bn) last year.

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Report: Forever 21 Will Reestablish  Physical Presence in China With a New Store

Retail TouchPoints

The fast fashion retailer initially re-entered China for the third time in August 2021 through online platforms Vipshop and Pinduoduo. Forever 21 first entered China in 2008 but left the country a year later. The Chinese ecommerce market is expected to be worth $3.3

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How Shein’s social media tactics have won over ‘eco-conscious’ Gen Z

Inside Retail

Chinese fast fashion retailer Shein may frequently grab headlines for the wrong reasons but there’s no denying the increasing popularity of the controversial brand. As of October 2020, Shein was the world’s largest online-only fashion company, according to Euromonitor International.

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Shein chooses Tokyo for its first permanent store in the world

Inside Retail

Fast fashion retailer Shein is set to open its first permanent store in the world – in Japan’s capital Tokyo. The store, located in the bustling fashion precinct of Harajuku, will open on November 13. Shein’s first brick-and-mortar store will display items and styling that caters to the Japanese market.