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 By quickly taking decisive action we have succeeded in managing the negative effects of the pandemic,” she said. “We per cent on the pre-pandemic 2018-19 year.

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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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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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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”. Recruitment specialist and managing director of Detail Business Consulting, Paul Meechan , doesn’t think it’s likely. to £147.3m

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Inside Retail

NOVEMBER 23, 2022

This includes a change in product lifecycle management processes – from sourcing, development and waste management to packaging and fulfilment. They improve the integration of the sales chain with the production and product lifecycle management (PLM) process.

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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

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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Retalon

OCTOBER 24, 2023

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. In 2018 retail giant H&M disclosed that they had $4.3 As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019.

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Retalon

FEBRUARY 14, 2022

This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. In 2018 retail giant H&M disclosed that they had $4.3 As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Incentives.

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Markdowns Fast Fashion Consumer Accessories 41

I Love Fashion

JUNE 13, 2022

The fast-fashion brand entered the metaverse with free NFT apparel, becoming the first affordable fashion brand to launch a digital collection. Satoshi Studio , a direct-to-consumer sneaker brand launched in 2018, focuses on sustainability and digital experience. . Neil Saunders, Managing Director of GlobalData.

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Retail Geek

NOVEMBER 20, 2023

We came public in 2018 on about 100 million in sales. So I’m gonna guess you’re not a fan of fast fashion. 5:42] Drives are innovation we think is a really cool secret sauce called design for life but. Scot: [26:58] Yeah.

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Inside Retail

APRIL 2, 2025

According to a 2024 report released by global management consulting firm Bain & Company , the value of the luxury market dropped 2 per cent from an all-time high of $387 billion to $381 billion last year. Since the brands inception in 2018, Quinns revenues have more than doubled, from $140 million in 2022 to $340.3 million in 2024.

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Inside Retail

FEBRUARY 16, 2025

This certainly doesn’t spell the end of Shein, Neil Saunders, managing director and retail analyst at GlobalData said. A repeat of 2018? In 2018, during Trumps first term, his administration imposed tariffs on hundreds of billions of dollars’ worth of Chinese goods as part of a broader trade war.

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