Retail TouchPoints

JUNE 24, 2022

In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers. Having these contingencies in place keeps organizations within the supply chain transparent and accountable while encouraging them to make greater environmental efforts in the future.

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Fashion Fast Fashion Apparel Shipping 336

Inside Retail

OCTOBER 4, 2022

UK-based fast fashion brand Boohoo recently announced that it had tapped US celebrity and influencer Kourtney Kardashian as its “sustainability ambassador” and launched a “sustainability journey” campaign that included a capsule collection and mini-series. “A spoiler alert for everyone: you can’t.

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Inside Retail

AUGUST 31, 2023

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?

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Fast Fashion Fashion Shipping Marketing 130

Inside Retail

JUNE 21, 2022

An American freelance artist has sued Chinese fast-fashion retailer Shein for US$100 million, alleging the company copied her artwork without permission. She further related accounts of four other artists who discovered their artistic works had been used on products being sold by Shein online.

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Inside Retail

OCTOBER 19, 2022

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.

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Payment Services Fast Fashion Fashion Accounting 130

Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Particularly for those operating in fast fashion, where the negative environmental and social impact of unsustainable practices is increasingly under public and media scrutiny. A Starting Point.

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Fast Fashion Fashion Markdowns Consumer 362

Retail TouchPoints

OCTOBER 20, 2022

Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts to reduce or offset their carbon footprints. Fashion, style and clothing have always been about innovation and imagination.

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Fashion Fast Fashion Apparel Consumer 298

Retail Focus

AUGUST 22, 2022

“We are committed to changing how a modern menswear brand should operate and are focusing on the things that matter: quality, fairness and the environmental impact of what goes into our garments – rather than making fast fashion garments. The clothing industry accounts for over 10 per cent of global carbon emissions.

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Inside Retail

MARCH 26, 2023

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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Inside Retail

AUGUST 30, 2023

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. The demand is there to get the product straight away, but not everyone can necessarily go to their local store to pick it up,” he explained.

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Fashion Fast Fashion Accounting Shopping 262

Retail TouchPoints

OCTOBER 5, 2020

Fast-fashion retailer H& M announced plans to close approximately 250 stores next year as it seeks to step up the pace of its transformation via digital investments, store portfolio optimization and increasingly integrated channels. H&M has not yet identified which stores will be shuttered.

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Inside Retail

MARCH 3, 2022

They head a growing list of retail brands which have already announced actions to end or reduce sales in Russia, including Swedish fast-fashion company H&M, online apparel store Asos, and tech giant Apple. Russia accounted for about 4 per cent of H&M’s sales during the last quarter, making it the group’s sixth-largest market.

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Inside Retail

DECEMBER 13, 2023

We all know those great Aussies fashion start-up stories, those household names who cut their teeth in the city markets,” John said. The potential for Inkse in Australia is great, our research shows a significant number of Aussies are looking for help to start a fashion business.

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Inside Retail

JULY 24, 2022

The other report shared that fast fashion brand Shein’s largest consumer group is Gen Z women motivated by price and online shopping. Young people consistently buy fast fashion on platforms like Galaxy and Depop but they’re also re-selling it successfully on those apps.

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Fashion Fast Fashion Accessories Consumer 147

Inside Retail

APRIL 28, 2021

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. Fast fashion, but slow deliveries.

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Fast Fashion Fashion Target Market Consumer 162

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

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Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

MARCH 9, 2023

Online fast-fashion retailer Shein and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The battle between them is playing out not only on social media but also in a US court. “I am not with Shein anymore,” one influencer said in a February post on TikTok.

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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. Fast fashion and thrift are very similar in a lot of ways,” said Clark.

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Fast Fashion Fashion Apparel Thrift Store 264

Retail TouchPoints

NOVEMBER 10, 2021

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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Fast Fashion Fashion Consumer Accessories 305

Inside Retail

JULY 16, 2023

To O’Loughlin, having a number of external partners on such a project not only makes it easier to complete, but also provides a level of accountability that can be difficult to achieve in a wholly internal project. We know that we have a responsibility.

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Fashion Fast Fashion Outdoor Accounting 246

Inside Retail

MAY 18, 2022

Incredibly, the second-hand clothing sector is expected to grow faster than fast fashion in 2022 and the resale market is expected to grow 11 times faster than the broader clothing sector by 2025. Without clear accountability among those responsible for operational performance, sustainability will not gain traction.

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Fast Fashion Consumer Accounting Fashion 246

Inside Retail

AUGUST 6, 2021

Over the past 18 months, privately-held Shein, whose official name is Zoetop Business Co, has taken the fast-fashion world by storm. The company’s Instagram and TikTok accounts have more than 23 million followers, many of them young women showing off its cheap clothes, such as $9 dresses and $15 shoes.

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Fast Fashion Accounting Fashion Management 246

Inside Retail

AUGUST 26, 2021

We are also committed to being honest and frank about our progress, so that we can be held accountable and to provide clear and evidence based information to our customers. IR: There has been a lot of criticism of fast fashion brands lately in terms of their lack of sustainability credentials.

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Retail TouchPoints

MAY 29, 2020

Fast Fashion trends downward, still, but there’s hope : There have been some fluctuations in fast fashion revenues, but ultimately this retail sector is down YoY: from -20% in mid-March, it has now dropped to -29.1% However, sessions are significantly down. in mid-April 2020.

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Fast Fashion Fashion Consumer Accounting 191

Inside Retail

APRIL 25, 2021

It has fallen onto Horowitz to reposition the A&F brand and target a slightly older target market of 21- to 24-year olds, leaving sister brand Hollister – which actually accounts for 60 per cent of the group’s sales – to focus on the teen market.

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Inside Retail

JANUARY 28, 2022

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 billion.

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Inside Retail

NOVEMBER 30, 2022

Robert Moore, CEO of leather goods and accessories brand Mon, said that the brand saw 100 per cent growth in November compared to the month prior, and that Black Friday and Cyber Monday accounted for over 40 per cent of monthly sales. It did so to raise awareness around waste, and over-consumerism caused by the rampant fast-fashion industry.

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Inside Retail

JULY 13, 2021

Since the fast fashion brand first launched on Tmall in China in 2018, it has continued to embrace third-party marketplaces in the broader region, including Myntra in India and Zalora in Southeast Asia. “I And nowhere is this more apparent than in Asia, where online marketplaces dominate the local e-commerce industry.

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Fast Fashion Fashion Fulfillment Accounting 246

Inside Retail

SEPTEMBER 13, 2022

Sustainability has become a top priority for investors and consumers concerned about the looming climate crisis – and the fashion industry, one of the leading creators of global emissions, is increasingly focused on portraying its green cred.

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Retail TouchPoints

NOVEMBER 9, 2022

The fast fashion company saw the highest year-over-year growth in downloads of any retailer’s app globally, and also drove the most sessions. For example, if an app is missing key features available on the desktop experience, that can disrupt the whole journey and cost conversions. Mobile Retailing Requires a ‘Mindset Shift’.

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Fast Fashion Fashion Shipping Marketing 276

Inside Retail

JANUARY 11, 2024

When I looked around me, I noticed a significant change in the way people – including my friends and myself – consume fashion: we bought more but wore less. This vision then led to the creation of Vestiaire Collective, with the aim of transforming the fashion industry to a more sustainable future.

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Fashion Fast Fashion Marketing Management 130

Inside Retail

JANUARY 20, 2022

The Fashion Sustainability and Social Accountability Act (or Fashion Act) would apply to global apparel and footwear retailers and manufacturers with annual revenues of more than US$100 million that do business in New York.

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Fashion Fast Fashion Apparel Accounting 208

Inside Retail

FEBRUARY 27, 2023

The impact this has on the planet is diabolical and it is not just a consumer problem, it is the responsibility of everyone in the fashion and textiles industry. Hyper-consumerism is at a record high, fueled by social media trends and fast fashion, which produce thousands of new styles a week.

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Fashion Fast Fashion Apparel Accounting 130

Inside Retail

APRIL 25, 2022

In a statement via its official account on Weibo, a local social media platform, the brand explained that its departure was due to an “adjustment of the brand’s global strategy”. The next retailer that looks to be in trouble is fast-fashion titan H&M. Last August, Urban Outfitters announced it was exiting China temporarily.

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Fashion Accounting Fast Fashion Accessories 130

Inside Retail

SEPTEMBER 6, 2022

As part of the deal, PixelForce is building a Shopify app that will enable designer fashion brands to show customers exactly how much they could earn if they rented out items on Designerex after purchasing them. The post What’s next for Designerex, the Airbnb of fashion rental appeared first on Inside Retail.

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Retail Gazette

MARCH 6, 2024

Chief executive John Donahoe told employees in an internal email, ”We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable.” The retailer axed 1,600 roles and is part of its wider plan of achieving £1.6bn in cost savings over the next three years.

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Inside Retail

JULY 21, 2022

Internal research by Unspun has found that the production of one kilogram of fabric generates 23 kilograms of greenhouse gas emissions (GHG), and garment manufacturers account for 20 per cent of global industrial water pollution. There is also an element of taking responsibility and maintaining accountability,” she concluded.

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Fashion Fast Fashion Accounting Consumer 147