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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Retail TouchPoints

APRIL 5, 2023

secondhand apparel market is projected to reach $70 billion by 2027; globally the secondhand market is set to nearly double by 2027, reaching $350 billion. the online resale market is the fastest growing, with 21% growth [expected annually] over the next five years. ThredUp launched a fast fashion helpline in 2022.

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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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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.

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Retail TouchPoints

FEBRUARY 18, 2022

B2C fast fashion platform Wish has launched a new shoppable video feature to simplify the path to purchase on its site. Wish Clips already is available to Android users in nine markets — Australia, Brazil, Canada, France, Germany, Great Britain, Italy, Japan and the U.S. — and will be rolled out to iOS users starting in April.

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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. The Chinese ecommerce market is expected to be worth $3.3 The store is slated for the Jingjiang Impression City shopping center in Taizhou, a city located near Shanghai.

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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. SHEIN will announce the next phase of its philanthropic program this May.

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Inside Retail

JUNE 2, 2021

More young consumers are moving toward second-hand fashion options, conscious of the environment and carbon footprint of the clothing industry. The deal, which Etsy said would be funded via available liquidity, is expected to close during the third quarter of 2021. Reporting by Nivedita Balu.

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Retail TouchPoints

JUNE 2, 2021

The acquisition is expected to close in Q3 2021, after which Depop will continue to be headquartered in London and operate as a standalone marketplace run by its existing leadership team. Research from fellow resale marketplace ThredUP predicts that the secondhand market will grow at a CAGR of 39% through 2024 in the U.S.,

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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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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. . In April 2021, Lululemon announced a soft launch of its resale program that lets shoppers sell and buy used merchandise.

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Inside Retail

JUNE 30, 2024

billion last year, the bridal wear market is expected to reach US$18.54 percent in this time frame, Maximize Market Research states. Venetia Fryzer, an Edited retail analyst, noted that bridal accessories have gained popularity in the US market, as lower-ticket items that can be worn from engagement through to honeymoon.

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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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Inside Retail

JUNE 27, 2024

Brands that take a strategic customer-centric approach can benefit from what funds customers do have and with ‘Euro summer’ heating up – Bydee is investing in meeting market demand with a localised approach. Bydee’s business boomed to new heights during the Covid-19 pandemic and resulted in a 700 per cent growth, from 2020-2021.

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Retail Gazette

NOVEMBER 5, 2024

CEO Dan Finley (left), designer Eleanor McMahon (middle) and Debenhams buying and design director Rachel King (right) The new chief executive been leading the successful turnaround of Debenhams since January 2022 after Boohoo rescued its brand name and website out of administration for £55m in 2021.

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ATS Fashion Department Stores Fast Fashion 114

Retail TouchPoints

NOVEMBER 10, 2021

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. One leader in using technology for sustainability is Bestseller India , which is working to make “fast fashion” more sustainable.

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Retail TouchPoints

DECEMBER 21, 2023

Media and Advertising Became More Contextual (and Measurable) Marketing teams are feeling more pressure to perform. Kohl’s and Nine West launched an adaptive apparel line, and QVC leveraged some star power by launching an accessible fashion line in partnership with Selma Blair and Isaac Mizrahi. Nicole Silberstein 2.

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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. According to ThredUp, a digital platform in the US that enables consumers to buy and sell secondhand clothing, the resale market grew 21 times faster than the retail market overall in 2016-2019, and is expected to be worth US$51 billion by 2023.

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Fast Fashion Fashion Returns Consumer 264

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 Even e-commerce giant Amazon is entering the resale market. Rent the Runway has a good chance of making this a success.

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Fashion Fast Fashion Marketing Accessories 246

Inside Retail

MAY 12, 2021

“It’s counterintuitive but consumer shopping behaviour for jewellery during Covid has dramatically increased,” Marty Hurwitz, founder and CEO of data and research company MVI Marketing Ltd., Where fast fashion has been such a ‘go-to’ for ‘treat yourself’ spending, the longevity of such pieces weighs on spenders today.

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Fast Fashion Fashion Payment Services Consumer 234

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. Inclusive fashion.

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Inside Retail

APRIL 25, 2021

However, A&F’s recent financial figures and strategy actually show a brand that is firmly in recovery mode, with a focus on more on-point marketing messaging and fewer stores, as sales are shifted to its digital channels. . Abandonment of sexualised marketing. International expansion driven through flagships.

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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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Retail TouchPoints

JUNE 28, 2022

By populating them effectively back into the secondhand recommerce market, retailers and consumer brands alike can not only recoup lost revenue but also gain consumer goodwill by becoming a sustainable recycle-first organization. The secondhand product market, particularly for fashion retail, is red hot. In the U.S.,

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Retail TouchPoints

SEPTEMBER 5, 2023

House of Representatives has issued a letter to the Securities and Exchange Commission, urging the market regulator to require that Shein certify that it does not use Uyghur forced labor before the company is allowed to launch a U.S. under the 2021 Uyghur Forced Labor Prevention Act. “As A bipartisan group of 22 lawmakers from the U.S.

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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. Shoppers can buy clothes directly from their favourite sellers and fashion influencers. The capital will also support a hefty marketing push to onboard more sellers, including brands.

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Fashion Fast Fashion Accessories Consumer 147

Retail Gazette

FEBRUARY 12, 2024

The former Arcadia brands and Debenhams, which were snapped up by Boohoo in 2021, have narrowed its losses after two years under the fast fashion group’s ownership. Dorothy Perkins reported the biggest drop in pre-tax losses, narrowing from £15.9m Click here to sign up to Retail Gazette‘s free daily email newsletter

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Fast Fashion Fashion Returns Marketing 126

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. Getting products to market faster also incentivizes shoppers to continuously visit the ecommerce site or mobile app, essentially gamifying product consumption.

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Retail TouchPoints

APRIL 8, 2021

Research from fashion resale marketplace ThredUP and GlobalData found that the fashion market for secondhand goods (which includes resale as well as traditional thrift and donations) accounted for $28 billion in sales in 2019; it’s projected to grow to $64 billion by 2024. fashion market this year alone.

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Consumer Fashion Apparel Returns 351

Retail TouchPoints

JUNE 18, 2021

This highlights a pattern in the appetite of online retailers to fuel growth through brand association, snapping up ailing businesses amid the pandemic in the hope of dominating global online markets. Will the British High Street Bounce Back Post-Pandemic?

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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. Something has to be said about a first mover advantage, it makes things easier.

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Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

AUGUST 8, 2023

As a result, new forms of luxury consumption, like second-hand luxury markets , are popping up. One early example was between the Swedish fast-fashion retail outlet H&M and designer Karl Lagerfeld in 2004. One early example was between the Swedish fast-fashion retail outlet H&M and designer Karl Lagerfeld in 2004.

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Retail Gazette

SEPTEMBER 12, 2024

It’s not the first time the embattled fast fashion retailer has made such a u-turn. “To us, the change short life of the US warehouse (previously stated as a key pillar of growth for Boohoo) is concerning, highlighting a naivety of the American market, along with a waste of time and resources.”

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ATS Fast Fashion Fashion Returns 114

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. Nationalism shifts spotlight to homegrown brands The pandemic has also made China a tougher market for Western brands.

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Inside Retail

APRIL 18, 2022

You might not get the glam of a trendy big-city mall; there are no fast fashion retailers here, no H&M, no Zara. In fact, there are hardly any fashion stores at all, and that’s partly the point. billion in 2021, down from THB 100.1 Surviving Covid. In addition, Big C provided online delivery service. billion in 2019.

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Kiosk Home Furnishings Supermarket Fast Fashion 130

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. In whole, it’s a modernized way to sell excess inventory that can separate brands from industry competitors.

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Retail Gazette

SEPTEMBER 18, 2023

The fast fashion retail giant posted a pre-tax profit of £12.2m Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The Singapore-headquartered retailer set up its British division in September 2021, with trading commencing the following month.

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