Retail TouchPoints

APRIL 8, 2021

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. It is this facet of the modern economy that consumers have begun to reject. The Fastest-Growing Channel in Retail’. “ The Cool Factor.

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Consumer Fashion Apparel Returns 351

Inside Retail

AUGUST 7, 2024

While many speculate about the reasons that established designers are partnering with the ultra-fast fashion company, it is apparent that Shein is using the program to separate itself from accusations that it trades in dupes and copycats.

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Fashion Fast Fashion Accessories Consumer 246

Retail TouchPoints

NOVEMBER 12, 2021

Ireland-based fast fashion retailer Primark is continuing its steady expansion in the U.S., The company’s most recent opening, its 13 th , took place in Philadelphia’s Fashion District in September 2021. The company’s most recent opening, its 13 th , took place in Philadelphia’s Fashion District in September 2021.

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Fast Fashion Fashion Apparel Consumer 264

Retail TouchPoints

APRIL 5, 2023

Consumers and retailers are turning to resale more than ever amid economic uncertainty, according to ThredUp ’s 11th annual Resale Report , conducted by GlobalData. consumers ( 52% ) shopped secondhand apparel in 2022. The reason I call that out is because, what the online resale market does for the consumer is make everything easier.

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Fast Fashion Apparel Fashion Consumer 277

Inside Retail

NOVEMBER 14, 2023

Australian consumers are becoming more conscious of the social, environmental, and economic implications of their purchasing choices. A recent report by Baptist World Aid, based on responses from over 2000 Australians surveyed by research firm McCrindle in September, revealed an increased awareness of the impact of consumer choices.

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Consumer Shopping Fashion Fast Fashion 264

Inside Retail

MAY 23, 2024

A new study demonstrates how AI can revolutionise fast fashion by improving supply chain efficiencies and in turn reducing the industry’s carbon footprint. The fast fashion industry is valued at US$2.5 trillion and employs some 75 million people, however, its economic impact is underscored by its environmental pollution.

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Fast Fashion Fashion Marketing Management 260

Retail TouchPoints

OCTOBER 12, 2022

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. In Q1 2021, Brookfield decided to sell its interest in the company for $63 million. through June 2023. Forever 21 started to unveil its new U.S. stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif.

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Location Planning Fast Fashion Shopping 306

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. H&M has not yet identified which stores will be shuttered.

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Fast Fashion Fashion Accounting Location 214

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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Fast Fashion Apparel Fashion Consumer 290

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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Fast Fashion Fashion Marketing ATS 242

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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Consumer Fast Fashion Finance Shopping 306

Retail TouchPoints

NOVEMBER 10, 2021

This has significant implications for the retail and consumer packaged goods (CPG) industry across the product value chain. A recent IBM Institute for Business Value study polling retail and CPG executives revealed that by the end of 2021, nine in 10 will be working on sustainability initiatives across the enterprise.

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Fast Fashion Fashion Consumer Accessories 305

Retail TouchPoints

JUNE 8, 2022

Levesque has served as President of The RealReal since 2021 and COO since 2019. She previously served as CMO of The RealReal from 2012 to 2019 and owned Anica Boutique , a fashion and home store. Julian has served as CFO since 2021 and has over 30 years of financial management experience in both public and private companies.

Fast Fashion 278

Fast Fashion Boutique Fashion Management 278

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. 2021 will continue to be an uncertain year, with business growth slow to pick up for the industry. Fashion Resale.

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Fashion Social Commerce Fast Fashion Consumer 290

Retail TouchPoints

DECEMBER 21, 2023

Resale Continued its Rise but Came Under Financial Scrutiny Consumers’ enthusiasm for secondhand goods, as well as other forms of more sustainable consumption like rental and repair services, showed no sign of slowing in 2023. But negative press didn’t stop either app from drawing U.S.

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Sporting Goods Advertising Consumer Apparel 306

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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Net Profit Payment Services Specialty Store Fast Fashion 278

Retail TouchPoints

MARCH 22, 2023

Consumers can buy designer clothing, limited edition sneakers and the trendiest new toys for kids to obsess over in a matter of one click and no second thought. million people who fell victim to forced labor in 2021, 3.3 More than 4 million Bangladeshi children are still trapped under some of the worst forms of child labor.

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Fast Fashion Fashion Checkout Retail Trends 279

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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Fast Fashion Fashion Payment Services Consumer 234

Inside Retail

JUNE 30, 2024

Rachel Leonard, editorial director of The Bridal Council and former fashion director of Condé Nast’s Brides , agreed that consumers today are seeking more bespoke bridal wear and adds that they want those services provided on a “faster turnaround” time. per cent between 2021 and 2031, to reach US$55.6 It has it all.”

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Accessories Fast Fashion Fashion Marketing 263

Inside Retail

NOVEMBER 30, 2022

per cent increase in the number of consumers that purchased from brands powered by Shopify, with Australians ranking fourth globally in total spend. Shopify also reported a 26 per cent increase in in-store sales – as tracked by its POS systems – compared to 2021. Australian merchants using the e-commerce platform saw a 22.7

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Fast Fashion Shopping Accessories Consumer 246

Inside Retail

APRIL 12, 2021

The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. At the same time, consumers are becoming more and more conscious of the environmental impact of throwaway fashion consumption and the opportunity to extend an item’s life through buying secondhand.”.

Fast Fashion 264

Fast Fashion Fashion Returns Consumer 264

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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Returns Merchant Services Fashion Fast Fashion 268

Inside Retail

MARCH 8, 2023

According to the e-commerce company’s latest Trender report, emerging innovations like ‘shoppertainment’ and virtual retailing are enabling brands to further diversify their omni channel offerings and cater to modern consumers who expect more from online retail platforms. Another driver is demographics.

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Consumer Payment Services Fashion Fast Fashion 130

Hunton Andrews Kurth

OCTOBER 27, 2022

The Federal Trade Commission published an Advanced Notice of Proposed Rulemaking (ANPR) on October 20 seeking public comment on a potential regulation aimed at curbing deceptive consumer reviews and endorsements. decision has not entirely prevented the FTC from pursuing monetary relief for allegedly fake and deceptive consumer reviews.

Consumer 106

Consumer Fast Fashion Fashion ATS 106

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. Fast fashion, but slow deliveries.

Fast Fashion 162

Fast Fashion Fashion Target Market Consumer 162

Retail Focus

AUGUST 22, 2022

Launching in 2021, Alder & Green is re-establishing what a modern menswear brand should be, by developing responsible men’s shirts and accessories to encourage consumers to buy less and buy better. Fashion brands have altered our attitudes through fast fashion, prioritising profit margins over ethical production.

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Fast Fashion Fashion Accessories Accounting 182

Inside Retail

JULY 24, 2022

The peer-to-peer marketplace launched in 2021 and provides fashion influencers and sellers a platform for livestreaming commerce. Fast-forward to 2022, and thrifting is still about finding unique pieces, in addition to caring for the planet and making money on the side. Influencers shift consumer patterns quickly.

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Fashion Fast Fashion Accessories Consumer 147

Retail TouchPoints

SEPTEMBER 5, 2023

“Established in Nanjing, China in 2008, and now headquartered in Singapore, Shein has grown rapidly to become the world’s largest fashion retailer with an estimated value of $64 billion ,” reads the letter. under the 2021 Uyghur Forced Labor Prevention Act. “As

Fashion 278

Fashion Marketing Consumer Planning 278

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 Everyone shops secondhand now, consumers between the age of 18 and 85, rich, poor, men, and women,” he said.

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Fashion Fast Fashion Marketing Accessories 246

Retail TouchPoints

MAY 9, 2023

Despite the controversies, the fast-fashion brand has been named one of Gen Z’s favorite brands and one of the fashion industry’s most popular brands. SHEIN’s incredible reach, amplified through influencers, and its focus on creating on-trend items at an extremely rapid pace can be thanked for that.

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Fulfillment Fashion Apparel Fast Fashion 278

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.

Fast Fashion 223

Fast Fashion Fashion Accounting Target Market 223

Retail TouchPoints

JULY 20, 2020

In the past, repurposing it required a meticulous approach that was equal parts complicated and time-consuming. By 2021, off-price retailers are anticipated to experience apparel revenue growth of 6% to 8%, exceeding the broader apparel segment by a collective 4%. Viewing Off-Price As A Partner.

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Inventory Management Apparel Fashion Specialty Store 165

Retail TouchPoints

JUNE 18, 2021

Following the purchase of multinational retailer Debenhams by British fast-fashion giants, Boohoo, Debenhams is expected to continue as an online-only operation, resulting in the loss of up to 12,000 jobs. Due to the structural nature of ecommerce, online shops remained open as usual during the coronavirus pandemic.

Fast Fashion 179

Fast Fashion Shopping Advertising Promotions 179

Inside Retail

AUGUST 8, 2023

Part of the reason is their success with young Asian consumers, who are driving demand for luxury consumer goods. We wanted to investigate why this strategy appeals to Chinese luxury consumers of the post-1990s generation. These collaborations are becoming increasingly popular, especially with Chinese consumers.

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Fast Fashion Fashion Consumer Marketing 130

Inside Retail

AUGUST 22, 2024

Fast fashion retailer Shein found two cases of child labour at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage criticisms of its low-cost business model ahead of a planned flotation. per cent of supplier audits in 2021, 0.3 per cent in 2023.

Fast Fashion 130

Fast Fashion Accounting Fashion Management 130

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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Fast Fashion Fashion Apparel Department Stores 98

Retail Gazette

SEPTEMBER 12, 2024

It’s not the first time the embattled fast fashion retailer has made such a u-turn. It said a recent trial showed US consumers valued an increase in the product range available over speed of delivery. Boohoo also closed its Daventry warehouse in Northamptonshire back in January which had only been operational since 2021.

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ATS Fast Fashion Fashion Returns 114