Remove 2022 Remove Accounting Remove Fast Fashion Remove Shipping
article thumbnail

How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

article thumbnail

How Shein and Temu are driving up the cost of air freight

Inside Retail

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid transit times, more than ten industry sources said. That equates to around 108 Boeing 777 freighters a day, the consultancy said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mobile Ecommerce Success Calls for the ‘Instagramification’ of the App Experience

Retail TouchPoints

Global downloads of mobile shopping apps were up 16% year-over-year in the first half of 2022 while the number of sessions was up 29% , according to data from the It’s Not Luck, It’s Skill: Make Every Marketing Dollar Count This Holiday Season report by data.ai. Well, we know that shipping is still an issue like it was last year.

article thumbnail

Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

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.

article thumbnail

What’s next for Designerex, the Airbnb of fashion rental

Inside Retail

As part of the deal, PixelForce is building a Shopify app that will enable designer fashion brands to show customers exactly how much they could earn if they rented out items on Designerex after purchasing them. The post What’s next for Designerex, the Airbnb of fashion rental appeared first on Inside Retail.

Fashion 130
article thumbnail

Does Buying Local Have A Positive Impact on the Planet?

Independent Retailer

Most of that transportation takes place by ship. In 2019, the shipping industry accounted for about three percent of global carbon emissions, and that number is expected to rise to 17 percent by 2050. Second Hand Shopping Gaining Popularity.

article thumbnail

Frasers vs Next: How big are their growing retail empires?

Retail Gazette

Brands including Tessuti, Scotts, Choice, Giulio and Cricket brands were all sold to Mike Ashley’s Frasers under the terms outlined on 16 December 2022. Amara.com Acquired: December 2022 Late last year, Frasers Group added online homewares retailer Amara.com to its vast retail portfolio for an undisclosed sum.

Fashion 64