Inside Retail

JUNE 30, 2022

In October 2020, the founders of Catch Group, Gabby Leibovich and Hezi Leibovich, along with Catch’s former CEO Nati Harpaz, invested $9.3 Last week it increased its stake in German fashion label Hugo Boss to around 4.9 And last month it bought collapsed fast-fashion brand Missguided for about US$25 million.

Fast Fashion 239

Fast Fashion Fashion Marketing 239

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.

Location 296

Location Planning Fast Fashion Shopping 296

Inside Retail

JANUARY 31, 2024

Fast fashion label H&M has named Daniel Ervér as its new president and CEO as Helena Helmersson departs the group. Joining the group in 1997, Helmersson has been overseeing the group’s operations as CEO since 2020. The appointment takes effect immediately.

Fast Fashion 130

Fast Fashion Fashion Management ATS 130

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. “A spoiler alert for everyone: you can’t.

Fast Fashion 130

Fast Fashion Fashion Wholesale Consumer 130

Retail TouchPoints

JUNE 15, 2022

The fast fashion retailer initially re-entered China for the third time in August 2021 through online platforms Vipshop and Pinduoduo. Authentic Brands Group , which acquired Forever 21 in early 2020, has since signed a licensing agreement with Hong Kong-based Lasonic Electric Xusheng Co.

Fast Fashion 227

Fast Fashion Advertising Fashion Location 227

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

Checkout 264

Checkout Merchant Services Payment Services Fast Fashion 264

Retail TouchPoints

JUNE 2, 2021

The company brought in $650 million in gross merchandise sales (GMS) in 2020. In outlining the rationale for the Depop acquisition, Etsy pointed specifically to the site’s cohort behavior: Depop had 4 million active buyers and 2 million active sellers in 2020.

Fast Fashion 285

Fast Fashion Apparel Fashion Consumer 285

Retail TouchPoints

APRIL 22, 2021

Global fast-fashion e-retailer SHEIN will be hosting its second-annual virtual music festival, “SHEIN Together Fest” on May 2, 2021, celebrating its Light-a-Wish campaign with a $300,000 donation to three charities chosen by its community. ” This year, the SHEIN Together livestream music showcase begins May 2at2 p.m.

Fast Fashion 256

Fast Fashion Fashion Marketing Retail Marketing 256

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. But what about the environment?

Fast Fashion 130

Fast Fashion Payment Services Fashion Shipping 130

Retail TouchPoints

MAY 29, 2020

Customer data from the Qubit personalization platform tells the story of how consumer behavior has changed just since mid-March 2020: General Retail (Home & Garden) is seeing a steady surge, but conversions aren’t in line: With most of us staying inside more, consumers are spending more time on DIY projects around the house.

Fast Fashion 174

Fast Fashion Fashion Consumer Accounting 174

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.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

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.

Fast Fashion 162

Fast Fashion Fashion Target Market Consumer 162

Inside Retail

FEBRUARY 24, 2022

In 2020, the San Francisco-based brand announced plans to close 225 stores worldwide by 2024. While Gap was considered a go-to fashion brand in the 1990s, the retailer has largely failed to attract new generations of shoppers. But it’s not only the fashion trends that have changed since Gap’s heyday.

Fast Fashion 147

Fast Fashion Fashion Apparel Department Stores 147

Retail Gazette

NOVEMBER 6, 2023

An undercover reporter at the fast fashion retailer’s Manchester HQ saw evidence of staff pressuring suppliers to drive prices down, even after deals had been agreed.

Fast Fashion 90

Fast Fashion Fashion ATS 90

Retail Gazette

NOVEMBER 28, 2023

The Chinese fast-fashion giant has filed “confidential paperwork” paperwork with the US securities regulator according to two people familiar with the matter, the Financial Times reports. The business had attempted to list in the US back in 2020, however plans were put on pause due to unpredictable markets at the time.

Fast Fashion 52

Fast Fashion Fashion Planning Marketing 52

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%.

Fast Fashion 184

Fast Fashion Fashion Accounting Location 184

Retail TouchPoints

JANUARY 4, 2022

The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . Levi’s marketers astutely recognized this trend during the pandemic and debuted Levi’s SecondHand in October 2020.

Consumer 315

Consumer Thrift Store Apparel Returns 315

Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Particularly for those operating in fast fashion, where the negative environmental and social impact of unsustainable practices is increasingly under public and media scrutiny. Walmart estimates this will reduce the 1.4

Fast Fashion 330

Fast Fashion Fashion Markdowns Consumer 330

VMS

OCTOBER 22, 2021

Developers Simon Property Group and Brookfield Property Parterns, along with Authentic Brands Group, purchased the fast-fashion brand out of bankruptcy in February 2020 for $81.1 Kulle worked at H&M for 25 years before joining Forever 21 as CEO.

Visual Merchandising 90

Visual Merchandising Fast Fashion Fashion Planning 90

Retail TouchPoints

NOVEMBER 10, 2021

These struggles to improve manufacturing processes are most visible in the textiles industry given the “fast fashion” trend — rapidly producing large volumes of inexpensive garments designed to capitalize on style trends.

Fast Fashion 271

Fast Fashion Fashion Consumer Accessories 271

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.

Marketing 216

Marketing Fast Fashion Fashion Accessories 216

Inside Retail

MARCH 8, 2023

At Zalora, the company saw digital payments go from 75 per cent in 2020 to 81 per cent in 2022. New trends Interestingly, conventional cash transactions decreased from 25 per cent in 2020 to 19 per cent in 2022. This demographic also demonstrates a desire to break away from fast fashion and develop more sustainable buying habits.

Consumer 130

Consumer Payment Services Fashion Fast Fashion 130

Retail TouchPoints

AUGUST 3, 2021

Gen Z and millennial shoppers are driving the fashion resale growth, with the market projected to grow to almost twice the size of fast fashion by 2029. Sustainable shopping can be heavy on the pocket but with second-hand fashion, young cost-conscious shoppers are able to tick both price and sustainability criteria.

Fashion 289

Fashion Social Commerce Fast Fashion Consumer 289

Indigo 9 Digital

JANUARY 17, 2023

The fast fashion retailer turns out new trends even faster than the likes of Zara and H&M. Shein, unlike some of its rivals, does not have any permanent stores and now is the largest online only fashion site in the world. Shein is even taking on legacy fast fashion stalwarts. Source: Bloomberg.

Fast Fashion 52

Fast Fashion Fashion Shipping Target Market 52

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.

Fashion 130

Fashion Fast Fashion Returns Management 130

Inside Retail

OCTOBER 20, 2022

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. .” Shares in Asos were up 8.8 ASOS made adjusted pretax profit of 22 million pounds (US$24.9

Fast Fashion 130

Fast Fashion Returns Fashion Planning 130

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’s sponsorship of Love Island has brought the environmental impact of fast fashion to the forefront.

Fashion 57

Fashion Fast Fashion Fulfillment Consumer 57

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.

Department Stores 246

Department Stores Fast Fashion Shipping Shopping 246

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.”.

Fast Fashion 234

Fast Fashion Fashion Payment Services Consumer 234

Retail Gazette

OCTOBER 30, 2023

Dunne joins from PrettyLittleThing where she spent the last 10 years in its buying department, first as a senior buyer in 2013 before becoming buying manager in 2018, head of buying in 2020 and then promoted to buying director in 2021. Dunne’s appointment comes as Shein’s UK business made a pre-tax profit of £12.2m

Fast Fashion 62

Fast Fashion Fashion Promotions Management 62

Inside Retail

SEPTEMBER 13, 2022

per cent in June 2020. We predict retailers in the fast-fashion apparel and footwear sectors within consumer discretionary goods could face significant headwinds over the next few months. Household savings were 7 per cent of disposable income at the end of 2019. This savings rate peaked at 23.7 Considerations for retailers.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

FEBRUARY 13, 2024

Initially, the collection was launched in 2017 with 10 dresses, but it wasn’t until 2020 and the Covid-19 pandemic that it began to really resonate with the market. Some pieces can take up to 300 hours for artisans to embroider and is an art form that is rarely, if ever, found in the world of fast fashion. “We

Fashion 130

Fashion Fast Fashion Returns Marketing 130

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?

Department Stores 130

Department Stores Fast Fashion Shopping Location 130

Inside Retail

MARCH 27, 2022

Peer-to-peer fashion rental platform Designerex is looking to raise fresh funds to help it scale in the US and other global markets as it experiences record growth post-Covid. According to FMI, global online clothing rental sales are expected to grow 11 per cent CAGR between 2021 and 2031.

Fashion 130

Fashion Fast Fashion Payment Services Shipping 130

Inside Retail

MARCH 6, 2024

IR : What prompted you to start a brand in 2020, a time when the fashion industry appeared unpredictable and potentially discretionary? JH: I’ve obviously worked in fashion for many years prior to that, for leading brands and design for global brands. I guess, I just persevered.

Fashion 130

Fashion Fast Fashion Returns Marketing 130

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. Gen Z] has this massive demand for luxury fast fashion , what we now call the ‘affordable luxury’ sector. Look at brands Sandro and Maje.

Consumer 306

Consumer Fast Fashion Finance Shopping 306

Inside Retail

APRIL 26, 2021

According to Fashion Revolution’s 2020 Fashion Transparency Index, only 24 per cent of fashion brands publish their second-tier suppliers and only 7 per cent publish third-tier suppliers (the source of raw materials).

Fashion 242

Fashion Fast Fashion Consumer Marketing 242