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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.

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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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Why it’s good to be a mall operator in the Philippines right now

Inside Retail

per cent in 2023. billion) in 2023. per cent, led by fashion apparel and accessories, and health and beauty. billion, in 2023. It reported 24 per cent rental revenue growth in 2023. Revenue growth from the company’s properties grew by an impressive 21.2 billion Philippine pesos (US$1.3 per cent on 2022.

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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

million and now account for 21.3 It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.

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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.

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NRF Hot 25 List Spotlights Fastest-Growing Retailers

Retail TouchPoints

Mexican grocer Chedraui , Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. 1 in 2022], which again made a Hot 25 appearance after nearly doubling in 2022 and adding another 13% growth for 2023’s list.”

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