Remove 11
Remove 2016 Remove Accounting Remove Consumer Remove Fashion
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. After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel.

article thumbnail

Group buying, quick commerce and DTC: 5 e-commerce trends in Southeast Asia

Inside Retail

Retailers in Southeast Asia, like elsewhere, have accelerated their adoption of digital platforms as consumers have been forced online to meet their everyday needs. Although physical stores will continue to play a role, the rise of technology and e-commerce has shifted consumer behaviour and preferences. DTC is poised to grow.

article thumbnail

3 Elements of Amazon’s Clothing Strategy to Watch

Indigo 9 Digital

Chart of Amazon US eCommerce Sales by Product Category, 2022 With Amazon dominating the apparel sector many direct to consumer brands which once shunned Amazon are now setting up shop on the platform. Amazon is expanding into the fashion resale business with a new partnership with Rent the Runway. Grab share in the resale market.

Apparel 52