Inside Retail
JANUARY 22, 2023
Leading clothing rental platform Rent the Runway has secured a major partnership with Amazon Fashion. Offering Amazon shoppers access to thousands of gently used rental fashion and new items from The Design Collective range. The global retail behemoth will launch a Rent the Runway storefront on the marketplace’s website.
Small Biz Trends
DECEMBER 30, 2021
Consider these latest figures from one of the top fashion resale sites, thredUP: The fashion resale industry totals about $20 billion in sales alone, and it is the biggest resale market in the US. Reselling clothes is growing 24-times faster than retail fashion, too. Best App to Sell Clothes Online? Consider These.
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Independent Retailer
APRIL 19, 2022
“It gets a bit more complicated when we move out of the grocery store and into other local retailers. In 2019, the shipping industry accounted for about three percent of global carbon emissions, and that number is expected to rise to 17 percent by 2050. The way ‘stuff’ is made can vary greatly and most of our stuff moves around a lot.
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. It appears that much of that growth will come at the expense of fast fashion.
Retail TouchPoints
NOVEMBER 10, 2022
By all accounts, resale looks set to have a banner holiday season this year, as inflation weighs down consumer spending at the same time that younger consumers in particular increase their focus on cutting waste and shopping sustainably. Who better to represent this combination than the ultimate then-and-now fashion icon Fran Drescher?
Inside Retail
APRIL 27, 2022
Bagged a pre-loved bargain, supported circular fashion and didn’t even set foot in a store. I wrack my brains to remember when I last bought new clothes in-store. They’re set to account for 40 per cent of the global luxury fashion market alone by 2025. Mecca reminds me that my loyalty Loop gift is ready.
Retail Geek
JANUARY 6, 2023
Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]
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