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Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money

Retail TouchPoints

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. Perhaps more important is the fact that of those first-time buyers, 76% said they plan to increase their spend on secondhand in the next five years.

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Shein, Temu in fierce fight over US market for $10 dresses

Inside Retail

Online fast-fashion retailer Shein and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. listing in the second half of this year, three people with knowledge of its plans told Reuters. Shein said it does not currently have plans for an IPO and declined to comment further.

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Rags not riches: Ghana drowns in Western castoffs

Inside Retail

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? Noi said the money could fund a recycling plant.

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The fastest fashion: Why Incu has launched two-hour delivery with Uber

Inside Retail

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. I recently went on a trip to Bali with my family, and I had planned to do a bit of running while I was there,” Low explained.

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A documentary revealed Shein’s poor working conditions. Will it change?

Inside Retail

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. Will it change?

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Last Call for Sustainability: Imperatives for Change in the Retail and CPG Industry

Retail TouchPoints

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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Tech start-up Inkse aims to disrupt and democratise the fashion industry

Inside Retail

We all know those great Aussies fashion start-up stories, those household names who cut their teeth in the city markets,” John said. Essentially, anyone wanting to flex their fashion muscle with less risk.” Creating an account with Inkse is free with users only paying for what they purchase and delivery costs.

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