Inside Retail

FEBRUARY 27, 2023

In Spain’s A Coruna, two contrasting fashion business models collide – pitching the growing demands for the clothing industry to become more sustainable against the constant need to drive sales. Inditex had 565,027 tonnes of garments on the market in 2021, more than the 528,797 tonnes in 2018, according to its annual report.

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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 Decades ago we democratised fashion, now it’s about democratising sustainability so that it’s not a luxury,” she said.

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Inside Retail

MAY 12, 2021

Where fast fashion has been such a ‘go-to’ for ‘treat yourself’ spending, the longevity of such pieces weighs on spenders today. Therefore, instead of spending in volume at lower cost with fast fashion, people are looking to timelessness, rarity and longevity.”.

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Inside Retail

AUGUST 12, 2021

The niche crypto assets are also capturing the attention of some of the world’s biggest fashion companies, keen to associate themselves with a new generation of gamers – although most of their forays so far are for marketing. For NFT enthusiasts, online fashion does not replace physical purchases.

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Inside Retail

AUGUST 2, 2021

Unlike other British department stores, such as Debenhams and House of Fraser, which both collapsed into administration after years of erratic sales growth, or even John Lewis, which has been unable to halt a steady sales decline since 2018, Selfridges has actually reported a sales increase every year for the last decade, reaching £1.97

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Inside Retail

FEBRUARY 24, 2022

The local retailer operated four Gap stores in New South Wales and two in Victoria, but closed them in 2017 and 2018 due to declining sales. While Gap was considered a go-to fashion brand in the 1990s, the retailer has largely failed to attract new generations of shoppers. They flew right in the face of fast fashion.

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Retail Gazette

DECEMBER 5, 2024

Ashley’s bid for the top position has been slammed by Boohoo, which accused Frasers of using its stake in the fashion brand and other retailers to promote its own “commercial self-interest”. What’s happened so far? The latest half-year results for Boohoo show its pre-tax losses tripled from £36.6m to £147.3m

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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.

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Inside Retail

JANUARY 28, 2022

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 per cent on the pre-pandemic 2018-19 year. billion in the year to November 30, on sales up just 6 per cent to $21.13

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Inside Retail

NOVEMBER 23, 2022

Shein, the Chinese fast-fashion giant, is by no means a leader when it comes to sustainability. In 2018, Burberry was famously panned for burning millions of dollars in unsold bags, clothes and perfume, revealing one of the dirty secrets of the fashion industry and highlighting the scale of the problem.

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Retail Gazette

OCTOBER 30, 2023

In her new role, she will also help the Chinese-based fashion giant, which employs 40 people in its London office, grow a Manchester-based team of around 15 staff by the start of next year. Dunne’s appointment comes as Shein’s UK business made a pre-tax profit of £12.2m

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Retail Gazette

OCTOBER 19, 2023

Former-JD Sports fashion brands Acquired: February 2023 At the start of the year JD Sports formally completed the divestment of non-core UK fashion brands to Frasers Group. Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders.

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Retalon

OCTOBER 24, 2023

In 2018 retail giant H&M disclosed that they had $4.3 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. As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Billion in overstocks.

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Retalon

FEBRUARY 14, 2022

In 2018 retail giant H&M disclosed that they had $4.3 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. As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Billion in overstocks. Incentives.

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I Love Fashion

JUNE 13, 2022

Fashion Digital Marketing Agency. While NFTs have propelled new levels of customer engagement, loyalty, and community across every vertical, one area where NFTs holds particular promise is the fashion industry. . NFTs have taken the fashion industry by storm lately. Non-fungible tokens (NFTs) are no passing fad.

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Retail TouchPoints

SEPTEMBER 23, 2021

Peru is leading the fight against the environmental damages of fast fashion with alternative clothing sewn from sustainable fibers and manufactured in settings that prioritize social justice. Searches relating to sustainable fashion increased by 75% between 2018 and 2019.

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Retail Geek

NOVEMBER 20, 2023

We came public in 2018 on about 100 million in sales. You mean like software that, that does stuff in an automated fashion? So I’m gonna guess you’re not a fan of fast fashion. 10, 20, 50, 100, 250 locations now. Scot: [26:58] Yeah.

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Inside Retail

MARCH 31, 2022

When the Nanjing-based company was established, in 2008, it was labelled a discount brand, selling ultra-cheap, of-the-moment fashion. Fast forward to 2020 and Shein had become the world’s largest online-only fashion firm, valued at more than US$30 billion ($40.1 Winning with TikTok.

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Inside Retail

APRIL 2, 2025

However, these two factors arent the reason the shine is coming off luxury retail, as Marie Driscoll, a chartered financial analyst and a professor at Parsons, The New School and the Fashion Institute of Technology, noted at the recent Shoptalk Spring conference. million in 2024.

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