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

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

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. Market trends indicate that a powerful three-point strategy for you to bring to the brands you promote is: Inspire, Deliver, Sustain. Department of Commerce.

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Retail TouchPoints

MARCH 15, 2022

So it will come as no surprise that even after growing a staggering 42% in 2021, the influencer market is expected continue that trajectory in 2022 reaching $15 billion by the end of the year, according to projections from influencer marketplace Collabstr. You Say Influencer, I Say Creator. What’s the difference?

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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 124

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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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 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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Fast Fashion Boutique Fashion Management 273

Inside Retail

MARCH 31, 2022

Following its rapid success, many competitors have emerged from China with hopes to take a slice of the e-commerce pie, with the likes of Alibaba and TikTok jumping into the fast fashion ring. Seeing Shein’s massive popularity on the app, TikTok owner ByteDance launched its own fast fashion platform, called Dmonstudio, in late 2021.

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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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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

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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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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Fast Fashion Apparel Fashion Consumer 289

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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Consumer Thrift Store Apparel Returns 324

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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Fast Fashion Fashion Target Market Consumer 162

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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Fast Fashion Fashion Planning Shopping 89

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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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

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

CJ Retail Solutions

SEPTEMBER 15, 2021

Retail Industry Landscape 2021. The most pressing was the ever-growing encroachment of online retail into the physical space’s share of the market. We’re not claiming that omnichannel marketing was exactly cutting-edge tech in 2019, but we can say with confidence that 2020/21 was its proving ground. Resilience. Experience.

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Fashion Retail

DECEMBER 12, 2021

Last week, Royal Bank of Canada Capital Markets published European General Retail primer; the strong to get stronger, a report that presents latest market trends, financial … More Apparel Brands Report 2021.

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Apparel Marketing Fast Fashion Fashion 52

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

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

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

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. Do you like this content?

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Fast Fashion Fashion Shipping Target Market 52

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

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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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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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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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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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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Fashion Accounting Fast Fashion Accessories 130

Indigo 9 Digital

FEBRUARY 9, 2023

With 917 stores in China, China is UNIQLO’s number one international market making up approximately 25% of UNIQLO’s revenue. In 2021 Uniqlo had a 1.4% share of the Chinese apparel market, larger then any other brand. Don’t get caught calling UNIQLO fast fashion. Yanai has said that: "we don’t chase trends.

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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

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Fast Fashion Fashion Promotions Management 62

Inside Retail

MARCH 8, 2023

Retailers, brands and marketers must realise that it is no longer a race for total digitisation or to reach the last-mile purchaser, but rather a race for complete agility in this volatile climate.” This demographic also demonstrates a desire to break away from fast fashion and develop more sustainable buying habits.

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