Inside Retail

DECEMBER 13, 2023

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.

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Retail TouchPoints

MAY 17, 2022

There was a time, not too long ago, when it took a lot of convincing to get consumers to consider secondhand. Now, both consumers and the retailers that serve them are quite willingly jumping on the resale bandwagon, driving an already hot sector toward even further growth. Retailers and Brands Take the Baton.

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Apparel Fast Fashion Fashion Consumer 321

Inside Retail

APRIL 26, 2024

This week, France announced legislation to “limit the excesses of ultra-fast fashion”. According to Roy Morgan data, the attitude of Australian consumers is shifting towards the circular economy with 34 per cent of Australians both buying and selling second-hand items. My shopping addiction is depending on it.

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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. In 2022, U.S. consumers bought 1.4 The study found that more than half of U.S. In the U.S.

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Retail TouchPoints

JUNE 24, 2022

Online fast fashion retailer SHEIN is hosting the latest in its traveling series of pop-up events at San Francisco’s Embarcadero Center from June 24 to 26, 2022. Consumers are still shopping SHEIN in droves, however, as evidenced by the sold-out San Francisco event.

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Drop-Shipping Fast Fashion Apparel Shipping 302

Retail TouchPoints

OCTOBER 12, 2022

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif. The retailer reentered China with a physical store at the Jingjiang Impression City shopping center in Taizhou in June 2022.

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Location Planning Fast Fashion Shopping 306

Inside Retail

NOVEMBER 27, 2024

The cost per click for “Walmart clothes” increased by 16 times from August 2022 to August 2024. “We are seeing a fundamental shift in search marketing dynamics and the fast fashion brands are now outbidding the traditional retailers, and it does look like their strategies are a lot more aggressive,” she said.

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Retail TouchPoints

SEPTEMBER 29, 2022

There are signs of a disconnect between consumers and retailers when it comes to sustainability. A recent report has found that two-thirds of consumers are willing to pay more for sustainable products than retailers expect — and reveals that consumer preference for recommerce models is also being underserved. A Starting Point.

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Inside Retail

MAY 15, 2023

To what extent can fast fashion brands make inroads in their sustainable practices and reduce their textile waste without fundamentally changing their business and operating model? This further fuel[s] their hyper-fast fashion model.” As a result, the garments are often not durable, and end up in landfill.

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Retail TouchPoints

NOVEMBER 14, 2023

District Court for the Northern District of Illinois alleging trademark infringement against 20 website domains, saying they created fake coupon codes and promotions in an effort to mislead consumers into believing they were engaging with genuine Temu offerings. This may be because they have bigger fish to fry.

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Retail TouchPoints

OCTOBER 20, 2022

As prices continue rising, consumers rely on a combination of their wallets and consciences when deciding which fashion industry trends to buy into. All these efforts are being noticed by entities other than interested consumers and ambitious competitors. Take a forward-thinking approach. Educate customers with storytelling.

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Fashion Fast Fashion Apparel Consumer 298

Retail TouchPoints

FEBRUARY 7, 2023

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. These consumers are using digital channels and experiences to discover and engage with once out-of-reach luxury brands.

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Payment Services Consumer Marketing Fast Fashion 290

Retail TouchPoints

JUNE 8, 2022

Wainwright will continue serving in an advisory role as Founder through the end of 2022. Total revenue increased 48% in Q1 2022 as its number of active buyers rose 21% to 828,000 , but its loss widened to $57 million in Q1 2022 from $56 million in Q1 2021. in June 2019 to approximately $3 in June 2022.

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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

MARCH 27, 2024

A few years ago, buying resale online was still something that had to be sold to consumers. But as ThredUp ’s 12th annual Resale Report shows, the need for a hard sell is over — consumers of all ages have clearly bought into the idea, with secondhand apparel sales growing 15X faster than the broader retail clothing sector in 2023.

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Inside Retail

MARCH 26, 2023

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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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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Retail TouchPoints

AUGUST 6, 2024

in Sept 2022. Shein uses user data insights to predict what products customers will want in the future, effectively taking fast fashion to the next level. million products to its catalog daily, compared to 35,000 products a year for the fast fashion retailer Zara.

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Advertising Fast Fashion Social Commerce Marketing 278

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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Inside Retail

FEBRUARY 9, 2022

Here, we chat with Airrobe’s new global head of partnerships and general manager Beth Glancey about how the business is making it easy for retailers to get involved in circular fashion and the biggest sustainability challenges for retailers in the industry right now. Inside Retail : Can you tell me about what Airrobe offers consumers?

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Fashion Merchant Services Fast Fashion Consumer 246

Inside Retail

JUNE 30, 2024

million weddings took place in 2022, as wedding activity has bounced back post-pandemic. 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.

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Accessories Fast Fashion Fashion Marketing 263

Inside Retail

MAY 18, 2022

And we’ve seen the rise and rise of consumer expectations. Incredibly, the second-hand clothing sector is expected to grow faster than fast fashion in 2022 and the resale market is expected to grow 11 times faster than the broader clothing sector by 2025.

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Fast Fashion Consumer Accounting Fashion 246

Retail TouchPoints

AUGUST 2, 2024

Increased Competition Over the past few years, small- and medium-sized fashion and footwear retailers have faced intense competition from all sides. Additionally, they have had to contend with the growth of fast fashion and discount retailers like T.J.Maxx and Marshalls. Building an online presence cannot be an afterthought.

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Fast Fashion Shopping Target Market Fashion 278

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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Consumer Fast Fashion Fashion ATS 106

Retail TouchPoints

NOVEMBER 9, 2022

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. Mobile Retailing Requires a ‘Mindset Shift’.

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Fast Fashion Fashion Shipping Marketing 276

Retail TouchPoints

JUNE 26, 2023

Consumers want more information about the products they buy, and retailers want more visibility into the products their customers buy. Walmart mandated that its suppliers put it on products by 2022, which has made a big impact on RFID adoption. Who doesn’t want that?

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Merchant Services Inventory Management Grocer Customer Experience 279

Retail Focus

DECEMBER 8, 2021

Toni Viñals, CEO at nsign.tv, says: “The retail sector is facing a stage of reinvestment in its business models in physical establishments with the desire to achieve a return to normality by offering consumers better shopping experiences that are both safer and more interactive so that the customer’s journey is as attractive as possible.”.

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Kiosk Fast Fashion Promotions Returns 208

Inside Retail

JANUARY 31, 2023

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. This, he explained, counts against fast fashion. “In

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Fast Fashion Fashion Apparel Net Profit 147

Inside Retail

AUGUST 28, 2022

ThredUp’s 2022 Resale report shows that the secondhand market in the US is expected to more than double by 2026, taking its value to an estimated $82 billion in just four short years. This raises another question: with the resale market booming, is hyper-consumerism associated with fast fashion shifting to preloved fashion?

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Fast Fashion Fashion Thrift Store Shipping 130

Inside Retail

JULY 24, 2022

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. Trading pre-loved clothing on apps is fast becoming a lifestyle young people embrace, driven by micro and macro social media trends. Influencers shift consumer patterns quickly.

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Fashion Fast Fashion Accessories Consumer 147

Inside Retail

FEBRUARY 21, 2024

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. Boeing declined to comment.

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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. 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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Inside Retail

FEBRUARY 5, 2023

She said that In 2022, the French advertising watchdog ARPP and the Advertising Ethics Jury (AEJ), found that an Adidas ad for ‘50 per cent recycled’ Stan Smith sneakers disregarded ARPP rules, which require advertising messages to be accurate and presented in a non-misleading way. According to Netto, Vamos has a point.

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Fast Fashion Fashion Advertising Management 130

Inside Retail

AUGUST 20, 2023

Externally, brands are feeling pressure from consumers and regulation. First, consumer desire for traceable and ethical supply chains continue to grow. Consumer enquiries into supply chains are becoming more sophisticated, and consumer patience is wearing thin for brands that don’t appear to take traceability seriously.

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Inside Retail

JUNE 14, 2023

Over the past several years, sustainability has become a firm focus for consumers, industry and government alike, as people increasingly contemplate the social and environmental impact of not only their purchases but also their actions more broadly.

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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 audits in 2022, and 0.1 That violation was found in 1.8

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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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