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As France weighs fast-fashion ban, is the circular economy the future of retail?

Inside Retail

This week, France announced legislation to “limit the excesses of ultra-fast fashion”. According to Roy Morgan data, the attitude of Australian consumers is shifting towards the circular economy with 34 per cent of Australians both buying and selling second-hand items. So where does this leave traditional retailers?

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Vestiaire Collective’s fast-fashion ban: clever or counterproductive?

Inside Retail

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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‘An exciting way to test a new market’: More fashion brands turn to rental

Inside Retail

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. According to Future Market Insights, the global online clothing rental market is currently worth US$1.9 The ‘Attenborough’ effect.

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Etsy Enters Booming Resale Sector with $1.6B Acquisition of Depop

Retail TouchPoints

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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How UNIQLO Became on the Largest Clothing Retailers

Indigo 9 Digital

Budget conscious consumers flocked to the retailer to buy its inexpensive clothing. By 2011 UNIQLO had sold nearly 200 million HeatTech items globally. With 917 stores in China, China is UNIQLO’s number one international market making up approximately 25% of UNIQLO’s revenue. Don’t get caught calling UNIQLO fast fashion.

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At What Goes Around Comes Around, Store Designs Reflect Founders’ Passion for Luxury Vintage Resale

Retail TouchPoints

It’s been 30 years since Seth Weisser and Gerard Maione opened their vintage boutique, What Goes Around Comes Around (WGACA) during the 1990s emergence of consumer appreciation for preloved garments. Our top clients are tricoastal or wherever they are, and they’re always going between different markets. Expanding Into the L.A.

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Country Road unveils clothes made from offcuts in circular fashion push

Inside Retail

It comes at a time when consumers, brands and industry bodies have started to pay more attention to the problem of textile waste. According to the Global Fashion Agenda, 73 per cent of the world’s clothing eventually ends up in landfills. In Australia alone, the average person discards around 23 kilograms of clothing every year.

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