Remove 2008 Remove Fast Fashion Remove Returns Remove Shopping
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Analysis: Why does Shein continue to escape scrutiny?

Inside Retail

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. Fast fashion, but slow deliveries. Shein hauls.

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How Resale is Driving the Reinvention of Luxury Retail

Retail TouchPoints

The term rose to the surface last year as 2020’s unique confluence of events drove consumers toward shopping alternatives that were both environmentally friendly and economically feasible. Chala outlined the timeline of resale’s rise, beginning with the 2008 recession and the resulting reboot of consumers’ mindsets about spending.

Consumer 306
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8 retailers slashing jobs and cutting costs in 2024

Retail Gazette

Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.

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Primark’s Strategy, 4 Elements to Consider

Indigo 9 Digital

You can try to blame it on Shein but maybe Shein got the idea from Primark which has been in business since 1969 and Shein has only been around since 2008. Shein was recently valued at $66 billion and is now the largest fast fashion retailer in the United States. Returns made in store are also free.

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Frasers vs Next: How big are their growing retail empires?

Retail Gazette

Gieves & Hawkes Acquired: November 2022 In November last year, the retail conglomerate snapped up the Gieves & Hawkes brand and five UK stores, including its Savile Row shop. Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders.

Fashion 62
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Jason & Scot Show Episode 314 – Lovesac Founder and CEO Shawn Nelson

Retail Geek

So I’m gonna guess you’re not a fan of fast fashion. I guess scalable already is Shop and Shop. So our showrooms right now in shopping malls, they’re only like 800 square feet. Scot: [26:58] Yeah.