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Analysis: Why Abercrombie & Fitch’s turnaround has not been cancelled

Inside Retail

A turnaround program was set in motion in 2014, focused on cost-cutting and trendier merchandise that abandoned its logo-centric designs to a certain extent. This included the images on in-store photos, gift cards and shopping bags. A new, brighter store design was introduced and it quit playing loud, thumping music in its shops.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

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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. Gen Z] has this massive demand for luxury fast fashion , what we now call the ‘affordable luxury’ sector. Talk about circularity.

Consumer 306
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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process. For example, a customer shopping for jeans could stop at a display that features a sign reading “Need Help?” alongside a large QR code.

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Why Amazon, Rent the Runway, Etsy are betting on resale

Inside Retail

By leveraging their brand equity in the market, they can become a one-stop shop for the eco-conscious looking for circular fashion and the budget-conscious looking for luxury fashion at a fraction of the price,” observed Forster. “At The future of secondhand fashion. That has totally dissolved.”.

Fashion 246
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What next for Primark online?

Retail Gazette

Unlike pretty much all of its fast fashion rivals, Primark has long resisted selling products online. O’Brien agrees that the market is a challenging one for fashion retailers to navigate. Exclusive access for members, member-only collections and unique shopping events could all be possible, he says.

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6 hugely popular fashion retailers that fell out of favour

Retail Gazette

Retail Gazette takes a look at the fashion retailers that were once some of the most coveted brands around but now no longer hold mass appeal. Hollister A decade ago, you couldn’t walk into a shopping centre without seeing rafts of teenagers clutching Hollister shopping bags with shirtless men plastered on the fronts.

Fashion 57