Inside Retail
MARCH 19, 2024
Since the 1990s, fast fashion has enabled everyday people to buy the latest catwalk trends. Now, just when the fashion industry should be waking up and breaking free of this vicious cycle, it’s heading in the opposite direction. We’re on a downward spiral, from fast fashion to ultra-fast fashion.
Inside Retail
JUNE 21, 2022
An American freelance artist has sued Chinese fast-fashion retailer Shein for US$100 million, alleging the company copied her artwork without permission. Levi Strauss filed a lawsuit in 2018 that was settled out of court. Other brands to sue include Dr Martens and Stussy.
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Inside Retail
MARCH 31, 2022
Following its rapid success, many competitors have emerged from China with hopes to take a slice of the e-commerce pie, with the likes of Alibaba and TikTok jumping into the fast fashion ring. At the time of writing, Shein’s official TikTok account has more than 3.7 Winning with TikTok. But what about the environment?
Indigo 9 Digital
FEBRUARY 28, 2023
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.
Inside Retail
JANUARY 28, 2022
H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5
Inside Retail
JULY 13, 2021
Since the fast fashion brand first launched on Tmall in China in 2018, it has continued to embrace third-party marketplaces in the broader region, including Myntra in India and Zalora in Southeast Asia. “I And nowhere is this more apparent than in Asia, where online marketplaces dominate the local e-commerce industry.
Retail Gazette
OCTOBER 19, 2023
Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. in the year to 31 January, 2018. The furniture brand, which had concessions in House of Fraser, reportedly suffered after the department store fell into administration in 2018.
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