365 Retail

MAY 19, 2022

Today, Love Island has announced a new partnership with eBay UK, the online marketplace with a mission to change the way we shop for clothes. eBay UK, which has seen one pre-loved fashion sale every second so far in 2022, is the first pre-loved fashion partner to couple up with the popular TV show. Marks and Spencer.

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Retail TouchPoints

MAY 1, 2023

stores will be opened in areas where the fast fashion retailer already has a presence, with two slated for California and one each for Maryland and New Jersey. Uniqlo’s parent company Fast Retailing also tested out one of its other brands, GU , with a pop-up shop in New York City’s SoHo neighborhood in fall 2022.

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Retail TouchPoints

MAY 17, 2022

It forces you to consider the ramifications for the future of shopping when you have a generation of customers who think of themselves as thrifters and are focused on value, sustainability and this style of buying.”. Shoppers love the cheap thrills of fast fashion, but their conscience weighs on them.

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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. Shoppers had to sign up for a time slot online prior to the shop’s debut, with slots for all three days quickly selling out.

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Retail TouchPoints

APRIL 5, 2023

consumers ( 52% ) shopped secondhand apparel in 2022. Searching, filtering, personalization — all the greatest superpowers of online shopping that have historically been missing from offline thrift are driving the market forward and making it easier for people to think secondhand first.” In 2022, U.S. consumers bought 1.4

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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. TikTok Shop did not return messages seeking comment. Apple declined to comment.

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Inside Retail

FEBRUARY 16, 2022

“Everyone is now realising there are alternatives to fast fashion and through brands like InStitchu you can purchase tailored clothing for the same price as off-the-rack mass-produced garments – less clutter for the customer, less waste for brands, and less impact on the environment,” Wakefield said. .”

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Retail TouchPoints

JUNE 15, 2022

Forever 21 will expand its presence in China with a physical store slated to open later in June 2022, according to a WeChat post seen by Reuters. The store is slated for the Jingjiang Impression City shopping center in Taizhou, a city located near Shanghai. Forever 21 first entered China in 2008 but left the country a year later.

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Retail TouchPoints

MARCH 27, 2024

With more than half of all consumers shopping for secondhand apparel last year, it’s evident that resale is now firmly embedded in the fashion landscape ,” said Neil Saunders, Managing Director at GlobalData , which conducted the research for the report, in a statement. In the U.S.

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Retail Gazette

MAY 17, 2024

The online marketplace’s pre-loved style director Amy Bannerman will once again source fashion from the platform alongside the Love Island styling team under the tie-up, with a curated selection of pre-loved clothing, authenticated sneakers and garments from eBay’s Imperfects range being brought to the villa wardrobe.

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Returns Fast Fashion Fashion Consumer 109

Inside Retail

MAY 8, 2024

The UK-based online platform for independent and ethical brands Wolf & Badger opened its first bricks-and-mortar location in London in 2010, before adding stores in New York in 2017 and Los Angeles in 2022. GG: We increasingly see consumers looking to be more conscious in how they shop. Today, the US is its largest market.

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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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Retail Gazette

JULY 11, 2023

The fashion giant which also owns Pull&Bear and Bershka said it would focus on low-impact fibres, supply chain transformation, biodiversity and circularity initiatives, as fast-fashion retailers face growing pressure to cut waste.

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Inside Retail

MARCH 6, 2024

Moizant believes that stylists are natural partners for Vestiaire Collective as they are the ultimate authority on fashion. The broader outlook Moizant hopes that the celebrity closet sale can further contribute to its circular fashion movement. Proceeds from the sale will go towards Women for Women International.

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Retail Gazette

SEPTEMBER 18, 2023

The fast fashion retail giant posted a pre-tax profit of £12.2m in the 16 months to 31 December 2022, as revenue topped £1.1bn, according to documents filed on Companies House. Shein’s UK business raked in more than £1bn in sales last year as the retailer continues its expansion across the region.

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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

Retail TouchPoints

OCTOBER 20, 2022

Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts to reduce or offset their carbon footprints. One hurdle that many sustainable brands face is that consumers may still shop based on price and convenience.

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Fashion Fast Fashion Apparel Consumer 273

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. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. At Alibaba’s recent 11.11

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Payment Services Consumer Marketing Fast Fashion 279

Inside Retail

MARCH 8, 2023

Online shopping platform Zalora expects e-commerce to remain resilient despite the economic uncertainties facing businesses in Southeast Asia and an increasingly dimming global economy. One example of this in the world of fashion is the transition from live streaming to augmented reality shopping. What’s next?

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365 Retail

JUNE 7, 2022

As the rising cost-of-living crisis sees energy bills, fuel and food prices continue to climb, more UK consumers are turning to second-hand shopping and upcycling in order to make ends meet – as well as minimise their environmental impact. In January 2022 searches for ‘upcycled’ rose 40% on ebay.co.uk Shopping locally (30%).

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Shopping Fast Fashion Fashion Consumer 59

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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Fast Fashion Fashion Apparel Department Stores 98

Retail Focus

DECEMBER 8, 2021

Even before the pandemic, the bricks and mortar aspect of the retail sector was undergoing major changes as the battle to attract people into stores, rather than shop online, intensified. Relatively new to Ikea are shop windows and check-out zones on all floors, all designed to engage, entertain, and inform customers.

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Kiosk Fast Fashion Promotions Returns 208

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. The other report shared that fast fashion brand Shein’s largest consumer group is Gen Z women motivated by price and online shopping. Reduce, reuse, resell.

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Inside Retail

FEBRUARY 9, 2022

So when they’re shopping on the retailer’s website, we allow them to add the item to Airrobe which saves all that information, and when they’ve worn and loved it, in one click, they can then relist it either for sale or rent or to be recycled. The reality with fast fashion is it’s achievable.

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Fashion Merchant Services Fast Fashion Consumer 246

Inside Retail

JUNE 14, 2023

From a lifestyle perspective, many shoppers are engaging with sustainable lifestyle practices, including bringing their own shopping bags to stores and recycling product waste. Sustainability from an industry perspective Sustainability continues to be top of mind for industry, particularly in the retail and fashion industries.

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Retail TouchPoints

DECEMBER 21, 2023

BB&B had been in decline over the past few years, fueled in part by an ill-fated foray into private label that began in March 2021 along with store closures and layoffs followed disappointing financial results in August 2022. Among the biggest challengers were Chinese-based discount shopping apps Shein and Temu.

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Inside Retail

SEPTEMBER 13, 2022

Omnichannel retailers benefited from an increase in online sales with non-food online sales alone increasing by 29 per cent in the last 12 months ending June 2022. By March 2022, the savings rate had fallen back to 11.4 However, online channels usually have lower profitability margins compared with traditional brick and mortar stores.

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A1 Retail

MAY 31, 2022

New insights from eBay Ads UK show that rising living costs and climate-consciousness are driving changes in shopping behaviours, creating new opportunities for retailers in the circular economy. One area of fashion driven by online is the resale market, with 25% of UK consumers buying second-hand fashion in 2021. [1].

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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. Within a week of the show starting in June 2022, the searches for ‘sustainable brands’ jumped by 614%.

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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. It was the second-most downloaded shopping app in the U.S.,

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Inside Retail

MAY 31, 2023

Launched in September 2022, the Boston-headquartered platform boasts the resources of a powerful parent – China’s Pinduoduo Holdings. Like Shein, Temu offers discounted fashion and lifestyle goods, but unlike Shein it sources and ships directly from manufacturers in China.

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Retail TouchPoints

JUNE 15, 2022

Appointments for high-end fashion brand shopping have been a long-time standard, but they’ve begun to trickle down to fast fashion brands like H&M and Zara too. Customers book an appointment online and then shop in-store, creating a more curated feel while making life easier for associates to manage.

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Payment Services Checkout Shrinkage Fast Fashion 254

Retail Geek

JANUARY 7, 2022

2022 Predictions. Jason : NFTs, Web 3, Metaverse, and Ultrafast delivery services are all overhyped and don’t deliver meaningful commerce revenue in 2022. Shein exceeds $30B in annual sales, disrupting apparel industry Adoption of BNPL services slows down to less than 15% CAGR in 2022. Transcript.

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Inside Retail

FEBRUARY 14, 2023

Japan’s Ministry of Economy, Trade and Industry said there were 210 department stores in Japan at the end of 2019 but attrition in the ensuing three years reduced that number to just 192 by the end of 2022. per cent over January 2022. In Japan itself, year-on-year sales growth in January for the 15-store chain was 16.3 per cent, +6.2

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Inside Retail

FEBRUARY 22, 2023

Throughout 2022, there were numerous headlines indicating a monumental shift in innovation across retail and that customers were keen to get back to physical shops while retaining the convenience of hybrid shopping. As a new normal emerged, so did successful e-commerce brands, creating a presence in our local shopping precincts.

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Fashion Apparel Fast Fashion Advertising 147

A1 Retail

JANUARY 17, 2023

Despite rail strikes impacting visitor numbers in towns, cities and retail parks nationwide, footfall to Beaverbrooks stores rose to its highest since pre-pandemic levels on 23 December, as people ventured out of their homes for last-minute Christmas shopping. .

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Retail Focus

MAY 9, 2023

The value paradox While 65% of UK shoppers consider themselves to be sustainably-minded, the same consumers who are consciously shopping ‘green’ – with 38% buying eco-friendly products, 35% buying organically and 28% choosing low-carbon goods – are also displaying sustainability ‘vices’ within their consumption habits.

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