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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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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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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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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Retail TouchPoints

SEPTEMBER 23, 2021

As SEOs [search engine optimizers], any heavy lifting we can do to clear a path for our clients toward success in the holiday shopping season will be especially welcome in 2021. Economists are predicting another very strong, extended online shopping period in Q4 2021. Ecommerce spending in November-December 2020 rose an astounding 45.2%

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

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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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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.

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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

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.

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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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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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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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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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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.

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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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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

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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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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A1 Retail

OCTOBER 1, 2021

Revenue from the collection, which offers a selection of activewear including hoodies, leggings and shorts, increased by 82 per cent from Q1 to Q2 of 2021. Consumer sentiment toward womenswear and menswear is changing. In some cases, changing fast.

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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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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

SEPTEMBER 6, 2023

. “When you see artists like Jay-Z, how he took that baggy jeans silhouette and we added a button-down shirt to it,” elevating the look for consumers, she said. After five decades, luxury and fast-fashion brands are collaborating with hip-hop designers instead of just being inspired by them. Blige and others.

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CJ Retail Solutions

SEPTEMBER 15, 2021

Retail Industry Landscape 2021. There’s talk of Black Friday tips and the future of retail spaces , and the C word was most definitely “consumer”. The post Retail Industry Landscape 2021 appeared first on CJ Retail Solutions. If ever you’re feeling nostalgic, go and read some retail blogs from the end of 2019. Experience.

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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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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.”.

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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

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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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Retail TouchPoints

MARCH 15, 2022

If you spend any time at all on social media it’s hard to escape influencers, and there’s a good reason for that — they are incredibly compelling, both to consumers and advertisers. On the advertiser side, 48% of influencer marketing budgets were spent on Instagram in 2021. But don’t count YouTube out.

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Indigo 9 Digital

FEBRUARY 9, 2023

Budget conscious consumers flocked to the retailer to buy its inexpensive clothing. In 2021 Uniqlo had a 1.4% Chinese consumers have taken to UNIQLO because it offers classic apparel at reasonable prices which is a good fit for the growing middle class in China. Don’t get caught calling UNIQLO fast fashion.

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Inside Retail

FEBRUARY 8, 2023

The space is the upper level of a three-level empty box, the two levels below having been left by upscale department store Bloomingdales , which closed in March 2021. Its public art includes “Wave” in Seoul’s K-Pop Square, and, in the summer of 2021, “Waterfall-NYC” and “Whale #2” in New York’s Times Square.

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Inside Retail

APRIL 25, 2022

The next retailer that looks to be in trouble is fast-fashion titan H&M. Poor sales led to the brand’s profits in China falling 23 percent, year on year, during Q2 of 2021 – a staggering loss of $74 million. Shifting consumer preferences among younger Chinese shoppers indicate a stronger appetite for domestic brands.

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A1 Retail

AUGUST 1, 2022

50% rise in online searches for ‘second-hand clothing’ year-on-year from June 2021 to June 2022 revealed by Google search trend analysis by small business insurance provider Simply Business. Simply Business data also reveals a 23% rise in independent fashion SMEs in past 12 months.

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Inside Retail

MARCH 27, 2022

Co-founder and co-CEO Kirsten Kore says the business is in the “right place at the right time” to capitalise on consumers’ growing interest in sustainable alternatives to fast fashion, such as rental. According to FMI, global online clothing rental sales are expected to grow 11 per cent CAGR between 2021 and 2031.

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

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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.

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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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