Inside Retail

JULY 24, 2022

Thrifting has been a part of fashion culture for decades. The internet’s early marketplaces, such as eBay, catapulted secondhand clothing and accessories to a new level. The other report shared that fast fashion brand Shein’s largest consumer group is Gen Z women motivated by price and online shopping.

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Inside Retail

AUGUST 31, 2023

Last year’s must-have dress, yesterday’s flares and countless other Western castoffs are strangling the Global South, prompting calls for fast fashion to pay the price for rampant overproduction. Fashion reparations?

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Inside Retail

JUNE 21, 2022

An American freelance artist has sued Chinese fast-fashion retailer Shein for US$100 million, alleging the company copied her artwork without permission. She further related accounts of four other artists who discovered their artistic works had been used on products being sold by Shein online.

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Inside Retail

MARCH 9, 2023

Online fast-fashion retailer Shein and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The battle between them is playing out not only on social media but also in a US court. “I am not with Shein anymore,” one influencer said in a February post on TikTok.

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Retail TouchPoints

NOVEMBER 10, 2021

Global emissions from transportation account for approximately 16%, and plastics 4%, of total greenhouse gas emissions. These struggles to improve manufacturing processes are most visible in the textiles industry given the “fast fashion” trend — rapidly producing large volumes of inexpensive garments designed to capitalize on style trends.

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Inside Retail

OCTOBER 19, 2022

Valued at US$100 billion ($150 billion) , fast fashion brand Shein is in hot water after a recent Channel 4 documentary hosted by British journalist Iman Amrani, Inside The Shein Machine , lifted the veil of secrecy behind the corporation’s operations in China. The next step. A race to the bottom.

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Inside Retail

AUGUST 30, 2023

The offer is also seen as an expansion of the business’ successful click-and-collect offer, launched last year, which now accounts for up to 20 per cent of online orders. The demand is there to get the product straight away, but not everyone can necessarily go to their local store to pick it up,” he explained.

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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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Inside Retail

NOVEMBER 30, 2022

Robert Moore, CEO of leather goods and accessories brand Mon, said that the brand saw 100 per cent growth in November compared to the month prior, and that Black Friday and Cyber Monday accounted for over 40 per cent of monthly sales. She also said that electrical products such as air-fryers and Dysons were popular.

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Inside Retail

DECEMBER 13, 2023

We all know those great Aussies fashion start-up stories, those household names who cut their teeth in the city markets,” John said. The potential for Inkse in Australia is great, our research shows a significant number of Aussies are looking for help to start a fashion business.

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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.

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Inside Retail

SEPTEMBER 13, 2022

Sustainability has become a top priority for investors and consumers concerned about the looming climate crisis – and the fashion industry, one of the leading creators of global emissions, is increasingly focused on portraying its green cred.

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Retail TouchPoints

JUNE 30, 2021

Resale — the segment of the secondhand market that ThredUP defines as offerings with more curated assortments — is expected to account for more than half of that total, $47 billion , by 2025. Growing Sustainability Concerns Favor Resale Over Fast Fashion. Fast fashion and thrift are very similar in a lot of ways,” said Clark.

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Inside Retail

JULY 16, 2023

To O’Loughlin, having a number of external partners on such a project not only makes it easier to complete, but also provides a level of accountability that can be difficult to achieve in a wholly internal project. We know that we have a responsibility.

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Inside Retail

APRIL 25, 2022

In a statement via its official account on Weibo, a local social media platform, the brand explained that its departure was due to an “adjustment of the brand’s global strategy”. The next retailer that looks to be in trouble is fast-fashion titan H&M. Last August, Urban Outfitters announced it was exiting China temporarily.

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Inside Retail

AUGUST 6, 2021

Over the past 18 months, privately-held Shein, whose official name is Zoetop Business Co, has taken the fast-fashion world by storm. The company’s Instagram and TikTok accounts have more than 23 million followers, many of them young women showing off its cheap clothes, such as $9 dresses and $15 shoes.

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Inside Retail

AUGUST 26, 2021

We are also committed to being honest and frank about our progress, so that we can be held accountable and to provide clear and evidence based information to our customers. IR: There has been a lot of criticism of fast fashion brands lately in terms of their lack of sustainability credentials.

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Inside Retail

APRIL 25, 2021

It has fallen onto Horowitz to reposition the A&F brand and target a slightly older target market of 21- to 24-year olds, leaving sister brand Hollister – which actually accounts for 60 per cent of the group’s sales – to focus on the teen market.

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Inside Retail

JANUARY 28, 2022

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 billion.

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Inside Retail

JULY 21, 2023

Along with clothing, Ader Error’s highly coveted pieces extends to accessories, and this year the brand officially ventured into footwear for the first time. According to founder and creative director DoHun Kim, nearly 40 per cent of the business can be attributed to wholesale, while direct retail accounts for 60 per cent.

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Inside Retail

JANUARY 11, 2024

When I looked around me, I noticed a significant change in the way people – including my friends and myself – consume fashion: we bought more but wore less. This vision then led to the creation of Vestiaire Collective, with the aim of transforming the fashion industry to a more sustainable future.

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Inside Retail

JANUARY 20, 2022

The Fashion Sustainability and Social Accountability Act (or Fashion Act) would apply to global apparel and footwear retailers and manufacturers with annual revenues of more than US$100 million that do business in New York.

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Inside Retail

FEBRUARY 27, 2023

The impact this has on the planet is diabolical and it is not just a consumer problem, it is the responsibility of everyone in the fashion and textiles industry. Hyper-consumerism is at a record high, fueled by social media trends and fast fashion, which produce thousands of new styles a week.

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Inside Retail

SEPTEMBER 6, 2022

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.

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Inside Retail

JULY 21, 2022

Internal research by Unspun has found that the production of one kilogram of fabric generates 23 kilograms of greenhouse gas emissions (GHG), and garment manufacturers account for 20 per cent of global industrial water pollution. There is also an element of taking responsibility and maintaining accountability,” she concluded.

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Fashion Fast Fashion Accounting Consumer 147

A1 Retail

MAY 6, 2021

Thriftify enables consumers to browse and buy quality second-hand products online – including fashion, books, music, games, gifts and accessories – from charity shops, safe in the knowledge that their purchase is having a positive effect on people and the planet.

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Inside Retail

AUGUST 20, 2023

This means that any fashion brand wishing to sell goods in the US must have complete oversight of its supply chains, from farm to manufacture, and be able to prove it to US Customs at the time of import. Since the Xinjiang region accounts for 20 per cent of the world’s cotton production, many brands are at risk of being implicated.

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Inside Retail

APRIL 26, 2021

And with concern around the rights of animals driving these purchases, he rightfully questions why the cruelty-free label doesn’t always take into account the human cost of making these products. Cruelty-free fashion. The cruelty-free movement is rapidly gaining momentum across food, fashion, beauty and other categories.

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Inside Retail

DECEMBER 15, 2021

She is referring to the Australian Bureau of Statistics’ finding that 67 per cent of Australian adults are overweight or obese, which she sees as a rough indication of the level of demand for plus-size fashion. In the US, they account for 19 per cent of that country’s US$113.8 However, most of that demand goes unmet.

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Inside Retail

JULY 28, 2021

What inspired us to be more accountable for sustainability is from the core of our business, that is based on the traditional format of the optical retail business rather than the fast-fashion optical business format. SW: Fairly said, we haven’t yet implemented robust actions to reduce our carbon footprint.

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A1 Retail

FEBRUARY 12, 2024

I’ve seen some fabulous new products, and some new accounts opened.” Richard Keel, Managing Director of Keel Toys said, “The footfall and orders across Sunday and Monday have been really good, we have opened a high number of new accounts. Sue Waterhouse, Mia James Interiors said, “The show is beautiful.

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Retalon

OCTOBER 24, 2023

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. in unsold clothes and accessories? Retailers are easily able to account for all the factors outlined above when forecasting demand. How do retailers get into this mess?

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Retalon

FEBRUARY 14, 2022

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. in unsold clothes and accessories? Retailers are easily able to account for all the factors outlined above when forecasting demand. How do retailers get into this mess? Poor Demand Forecasting.

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Markdowns Fast Fashion Consumer Accessories 41

Retail Gazette

OCTOBER 19, 2023

Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. The group relaunched the brand on its website in June earlier this year, selling its full range of vintage-inspired clothing, gifts and home accessories. back in March 2017.

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Inside Retail

APRIL 18, 2022

IR: Beyond the fashion side of things, you’re obviously a successful businesswoman. What do you like about running a fashion retail business? I’m talking to solicitors and accountants, negotiating with landlords, talking to interior designers, working with the girls on the floor, speaking to customers.

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Retalon

APRIL 14, 2021

And since most markdowns are not planned for in advance (or at least accounted for in the pre-season planning stages), they frequently drain profits considerably more than they have to. New television SKUs maintain demand for up to twelve months while fast fashion SKUs need to disappear in sixty days.

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Inside Retail

SEPTEMBER 4, 2022

However, the birth of fast fashion and the rise of the millennials soon pushed Esprit out of the game – and the Hang Seng Index – in 2013, sparking a continuing downward spiral for the years to come. Like another ‘tick-off retail bingo’ this device features a virtual claw-machine game.

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