Retail TouchPoints

JUNE 30, 2021

Growing Sustainability Concerns Favor Resale Over Fast Fashion. It appears that much of that growth will come at the expense of fast fashion. consumers in the next 10 years, fast fashion’s portion will remain roughly flat. Fast fashion and thrift are very similar in a lot of ways,” said Clark.

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Fast Fashion Fashion Apparel Thrift Store 264

Inside Retail

JUNE 15, 2021

Spanish fast fashion giant Zara made headlines for all the wrong reasons last month when Mexico’s Ministry of Culture accused it of using embroidery patterns distinctive to the Mixteca community of Oaxaca in its garments without credit or benefit to the Indigneous community.

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Fast Fashion Fashion Consumer Location 211

Inside Retail

APRIL 12, 2021

According to ThredUp, a digital platform in the US that enables consumers to buy and sell secondhand clothing, the resale market grew 21 times faster than the retail market overall in 2016-2019, and is expected to be worth US$51 billion by 2023. The Gen Z and younger millennial consumer is already accustomed to this,” she pointed out.

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Inside Retail

MARCH 27, 2022

Co-founder and co-CEO Kirsten Kore says the business is in the “right place at the right time” to capitalise on consumers’ growing interest in sustainable alternatives to fast fashion, such as rental. According to FMI, global online clothing rental sales are expected to grow 11 per cent CAGR between 2021 and 2031.

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Inside Retail

SEPTEMBER 6, 2022

Fresh off its biggest capital raise to date, peer-to-peer fashion rental platform Designerex is gearing up for a period of rapid growth that will see it launch one-hour delivery in Australia, enter the UK and Europe and start working more closely with brands to reach new customers. We’re basically incentivising consumers to buy better.”.

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Fashion Checkout Fast Fashion Consumer 130

Retail Gazette

OCTOBER 26, 2023

In 2016 the retailer shuttered all its UK stores with loss of 150 jobs. Forever 21 While Forever 21 still trades in the US, at one point in time the fast fashion retailer was gaining traction in the UK. The alleged misconduct , coupled with questions surrounding its advertising methods, sent sales at American Apparel spiralling.

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Fashion Boutique Apparel Fast Fashion 59

Inside Retail

SEPTEMBER 30, 2021

Online marketplace StockX has seen exponential growth since it gained momentum in 2016. Major brand collaborations aren’t always between luxury fashion brands, elusive artists and uber-famous musicians and athletes, either. Products from brand collaborations sold on StockX have equally experienced its own thrilling rise upwards.

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Fashion Accessories Fast Fashion Apparel 130

Wiser

AUGUST 10, 2017

One noteworthy observation is the early adoption of the trend by large department stores, including Macy’s, Nordstrom, Kohl’s, and Target, while fast fashion retailers such as Forever 21 and Revolve Clothing arrive relatively later to the game. One interesting detail is the slight decline during this season. Conclusion.

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Fashion Fast Fashion Department Stores Apparel 90

Retalon

OCTOBER 24, 2023

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. The massive amounts of exported inventory have suppressed local markets, so much so, that in 2016 the East African Community (EAC) voted to completely ban imported clothing.

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Markdowns Fast Fashion Consumer Accessories 41

Indigo 9 Digital

MAY 31, 2022

In 2016 Whole Foods decided to give the company a chance by placing Beyond Meat in its meat section. Some of the largest retailers in the world including Zara and H&M are in the fast fashion business which is not environmentally friendly.

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Marketing Advertising Fast Fashion Consumer 52

Retalon

FEBRUARY 14, 2022

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. The massive amounts of exported inventory have suppressed local markets, so much so, that in 2016 the East African Community (EAC) voted to completely ban imported clothing.

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Markdowns Fast Fashion Consumer Accessories 41

I Love Fashion

APRIL 5, 2023

Why Are Online Fashion Marketplaces Booming So Fast? Fashion marketplaces that are available online offer way more convenience to online sellers and marketers to reap the best benefit in the most convenient way. Here are the reasons why fashion marketplaces’ popularity has grown so much online.

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Fashion Payment Services Accounting Fulfillment 52

Inside Retail

MARCH 17, 2024

Premium jeans label Outland Denim was launched in 2016, but planning for the venture stretched for six years before that, founder and CEO James Bartle said. “We We worked on the social impact model and proving what it could do,” Bartle said. The idea and the concept behind it is that we believe you can use consumerism for good.”

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Inside Retail

MAY 4, 2023

She explained that the number of people who are subject to a form of modern slavery increased by 10 million since 2016, to 49.6 Another key factor is the prevalence of forced labour, which is generating about $150 billion in organised crime revenue each year. million victims as of last year.

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