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How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

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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Australian fashion brands seek supply-chain sovereignty

Inside Retail

This is just part of the conversation happening with fashion brands and retailers across the country as pressures mount to gain control over notoriously complex supply chains and work towards circular, sustainable business practices. Externally, brands are feeling pressure from consumers and regulation. Earlier this year, R.M.

Fashion 246
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What’s next for Designerex, the Airbnb of fashion rental

Inside Retail

Fresh off its biggest capital raise to date, peer-to-peer fashion rental platform Designerex is gearing up for a period of rapid growth that will see it launch one-hour delivery in Australia, enter the UK and Europe and start working more closely with brands to reach new customers. We’re basically incentivising consumers to buy better.”.

Fashion 130
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Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

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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NRF Hot 25 List Spotlights Fastest-Growing Retailers

Retail TouchPoints

The annual ranking is compiled by global marketing consultancy Kantar and is determined by comparing year-over-year increases in domestic sales (in the case of the 2023 list, this means 2021 versus 2022). While some of the retailers on the list demonstrated remarkable growth, overall growth was markedly lower than in 2022. 21) and H.E.

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Aussie fashion label Elk rides the conscious consumerism wave

Inside Retail

Founder Marnie Goding discusses how the business will up the ante in 2022. MG: The stores and our retail team have been the hardest hit over the last 12 months. Making fashion is not a one-way transaction. This will further our commitment to accountability and transparency and help us measure our goals.

Fashion 130
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How Shein and Temu are driving up the cost of air freight

Inside Retail

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. “Temu, we understand, is looking to lease 12 wide-body freighters.