Retail TouchPoints
APRIL 4, 2024
“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?
Inside Retail
JANUARY 18, 2023
Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.
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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. Consider that 223 million consumers say they have or are open to shopping secondhand products.
Retail Wire
JUNE 2, 2022
That hasn’t slowed its sales momentum as the fast fashion retailer offers prices still seen as a value in the market. “We expect Inditex’s sales outperformance to widen in a downturn, as it did in the financial crisis of 2008 and 2009,” said RBC analyst Richard Chamberlain. ”
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. This resonates with younger consumers in particular. Overall, 57 per cent agree that buying too many fashion items is bad for the environment.
Indigo 9 Digital
FEBRUARY 9, 2023
Budget conscious consumers flocked to the retailer to buy its inexpensive clothing. Then UNIQLO had another moment in 2009 when it launched its “ultra light down” jackets. Chinese consumers have taken to UNIQLO because it offers classic apparel at reasonable prices which is a good fit for the growing middle class in China.
Inside Retail
AUGUST 28, 2022
Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fast fashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. Missguided was once Britain’s most visited online retailer. Self-inflicted wounds.
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