Retail TouchPoints

JUNE 2, 2021

billion as it looks to extend its reach both in the apparel sector and with Gen Z consumers. Depop’s peer-to-peer marketplace for secondhand fashion is the 10 th -most-visited shopping site among Gen Z consumers in the U.S., The site is primarily known for its vintage, streetwear and Y2K (late 1990s/early 2000s) fashion.

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Retail TouchPoints

OCTOBER 12, 2022

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. In 2020, Simon Property Group, Brookfield Property Partners and Authentic Brands Group bought Forever 21 following the retailer’s bankruptcy filing. through June 2023. Forever 21 started to unveil its new U.S.

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Inside Retail

FEBRUARY 26, 2024

Paire first launched in 2020 with a single product, socks. Fast forward to 2024, it has expanded into apparel while leading the retail industry in sustainability measures. Our brand was established as an act of resistance against the fast-fashion trend. Inside Retail : What is the overarching mission of Paire?

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Inside Retail

AUGUST 3, 2021

The Australian arm of fast-fashion brand H&M is launching an initiative today to help vaccinate children against preventable diseases by partnering with UNICEF. As such, H&M customers can now add a donation onto online purchases to give a bit extra, which will support UNICEF’s work in providing vaccines to at-risk kids. “In

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Inside Retail

OCTOBER 4, 2022

UK-based fast fashion brand Boohoo recently announced that it had tapped US celebrity and influencer Kourtney Kardashian as its “sustainability ambassador” and launched a “sustainability journey” campaign that included a capsule collection and mini-series. Consumer backlash.

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Inside Retail

SEPTEMBER 13, 2021

Chinese fast fashion retailer Shein may frequently grab headlines for the wrong reasons but there’s no denying the increasing popularity of the controversial brand. As of October 2020, Shein was the world’s largest online-only fashion company, according to Euromonitor International. The price of fast fashion.

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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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Retail TouchPoints

MAY 29, 2020

As consumer behavior changes due to rules that dictate “shelter in place” and social distancing, retailers can adapt and meet customers where they are right now: most likely, at home. Revenues have increased significantly year-over-year (YOY) and this trend has accelerated over the period from mid-March to mid-April 2020 (+44.6%

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Retail TouchPoints

SEPTEMBER 29, 2022

There are signs of a disconnect between consumers and retailers when it comes to sustainability. A recent report has found that two-thirds of consumers are willing to pay more for sustainable products than retailers expect — and reveals that consumer preference for recommerce models is also being underserved. A Starting Point.

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Inside Retail

APRIL 28, 2021

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. billion (US$10 billion) in 2020. Inclusive fashion.

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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 TouchPoints

AUGUST 3, 2021

It has been a year since the pandemic rocked a fashion industry that was already feeling the pressure of trying to keep pace with consumer shifts toward digital, ethical sourcing and eco-friendly products. Here are some of the overarching themes of the changing consumer sentiment that will shape the fashion industry’s journey ahead.

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Retail TouchPoints

NOVEMBER 10, 2021

This has significant implications for the retail and consumer packaged goods (CPG) industry across the product value chain. The pandemic has fundamentally reshaped the relationship consumers have with sustainability, from shopping and investing to employer preferences. Failure to act can significantly impact a company’s bottom line.

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Retail TouchPoints

AUGUST 25, 2021

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. The consumer is changing, the way that they purchase is going to change,” he said. “We In the retailX keynote session on Wednesday, Aug.

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A1 Retail

OCTOBER 1, 2021

Revenue from Weird Fish’ Eco Macaroni range, made with mix of organic cotton, recycled polyester and natural viscose, also doubled to almost £2m over the same period, with unit sales this year already outperforming sales for 2020. Consumer sentiment toward womenswear and menswear is changing. In some cases, changing fast.

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Retail TouchPoints

MAY 27, 2020

Walmart continues its mission to elevate its reputation in fashion with its new ThredUP partnership, which gives e-Commerce shoppers access to secondhand merchandise across the full spectrum of prestige — from luxury names such as Chanel and Prada to middle-market Ann Taylor LOFT and Lands’ End to affordable Old Navy and fast-fashion leader H&M.

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Inside Retail

MAY 12, 2021

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. The company saw a 29 per cent increase year on year to €714.3 told Inside Retail.

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Retail TouchPoints

OCTOBER 5, 2020

Fast-fashion retailer H& M announced plans to close approximately 250 stores next year as it seeks to step up the pace of its transformation via digital investments, store portfolio optimization and increasingly integrated channels. Sales for September 2020 decreased 5%.

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Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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Inside Retail

APRIL 26, 2021

We hope that this will pave the way to actual legislative change that will benefit cruelty-free companies and the Chinese consumer as well as many thousands of animals,” she said in a statement. Cervasio has experienced increased awareness of animal testing by Chinese consumers in recent years. “As Cruelty-free fashion.

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Retail TouchPoints

JUNE 28, 2022

Recommerce, the sale of secondhand merchandise, is a hot topic as consumers become more enthused about recycling goods rather than contributing to enormous mountains of landfill waste. While secondhand marketplaces are steadily growing, they barely make a dent in the billions of items today’s consumers generate. Take the U.S.

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365 Retail

JULY 5, 2022

With fast fashion (AKA disposable fashion) quickly losing its appeal, especially among those 30 years old and younger, the timing of this sponsorship couldn’t have been better. eBay is once again hitting the sweet spot of consumers. Designed to be worn only a few times, most fast fashion ends up in a landfill.

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Inside Retail

OCTOBER 20, 2022

. “We want to be able to deliver more relevant stock and faster to consumers.” Asos and rival Boohoo grew rapidly as young customers around the world snapped up their fast fashions, and demand surged again during the coronavirus pandemic when high street rivals were closed. million pounds made in 2020-21.

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Inside Retail

AUGUST 2, 2021

billion) in sales in the year ending February 2, 2020, the most recent trading update the retailer has provided. And Selfridges Group managing director Anne Pitcher said the company was “pleased with the growth in digital” in 2020. billion (AU$3.72 billion), The Guardian reported.

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Inside Retail

AUGUST 28, 2022

Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fast fashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. million in 2020. Missguided was once Britain’s most visited online retailer.

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Inside Retail

MARCH 27, 2022

While the platform’s revenue plunged to almost zero in 2020 due to weddings and other events being cancelled, demand has surged back in recent months, and transaction levels this month are almost triple what they were in March 2019. It has fast-tracked sustainability and circularity – especially within fashion.

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Retail Gazette

MAY 28, 2024

You’ve had consumer demand fall down, then you’ve had issues with supply chain and freight costs,” he explains, references spikes in costs suffered both during the pandemic and earlier this year due to disruption caused by attacks on vessels in the Red Sea. Asos 5772p 364.6p -93.7% Boohoo 408.8p Ocado 2817p 411.1p -85.4%

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Inside Retail

JUNE 7, 2021

Uniqueness is one of the most coveted elements of fashion for many style-conscious shoppers, and in a world drowning in new brands, buying vintage or resale is the best option to find something truly special. “To As of 2020, the online clothing resale market is valued at $28 billion. “A That has totally dissolved.”.

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Inside Retail

FEBRUARY 8, 2023

Arte Museum will occupy approximately 4,750sqm of space that was vacated by Arclight Cinemas when it closed in 2020. The Arte Museum exhibition concept debuted in the Korean city of Jeju in September 2020, followed by branches in Yeosu and Gangneung in 2021. Are we expecting too much of experiential retail?

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Inside Retail

APRIL 25, 2021

Most visible, however, was the decision to discontinue its sexualised marketing as consumer preferences had clearly moved on. As part of the turnaround, speed to market has been increased, allowing it to compete more effectively with fast fashion retailers like Zara. The Singapore closure can be seen in this context too.

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Inside Retail

OCTOBER 4, 2022

Business of Fashion research estimates that the US secondhand market will increase from $27 billion in 2020 to $57 billion by 2025. Enacting change is proving to be very good for business, even though the fashion industry is in the top five most-polluting industries in the world. Resale-as-a-service.

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Inside Retail

JULY 10, 2022

It’s no secret that consumer interest in resale has risen In the past few years, particularly as major brands from H&M to Burberry have expressed an interest in entering the category. Even before he joined the company in 2020, Da Maia was always surprised by customers’ love of Courrèges’ vintage products.

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Indigo 9 Digital

MARCH 6, 2023

In 2020 during the height of the COVID-19 pandemic when consumers were forced to shift a large share of their spending online, Zara’s digital sales were up 77% representing a third of all sales. 2020 marked the first time Inditex ended a year with fewer stores than when it started the year. Manufacturing in small batches.

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365 Retail

JUNE 7, 2022

As the rising cost-of-living crisis sees energy bills, fuel and food prices continue to climb, more UK consumers are turning to second-hand shopping and upcycling in order to make ends meet – as well as minimise their environmental impact. Coming around to the circular economy. And this trend has been rising consistently year-on-year.

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Inside Retail

FEBRUARY 3, 2022

It comes at a time when consumers, brands and industry bodies have started to pay more attention to the problem of textile waste. According to the Global Fashion Agenda, 73 per cent of the world’s clothing eventually ends up in landfills. Inside Retail : Textile waste is a big issue. Why did you choose this particular solution?

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Retail TouchPoints

SEPTEMBER 23, 2021

Ecommerce spending in November-December 2020 rose an astounding 45.2% Undertake the following: Create a sitewide banner that boldly announces purchase-by dates for remote holiday shipping to prevent consumer letdown and brand reputation damage. Searches relating to sustainable fashion increased by 75% between 2018 and 2019.

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Inside Retail

APRIL 25, 2022

The next retailer that looks to be in trouble is fast-fashion titan H&M. Shifting consumer preferences among younger Chinese shoppers indicate a stronger appetite for domestic brands. Anta’s share price increased by 157 per cent from 2020 to 2021, raising the brand’s market value to $US64 billion.

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