Remove Accounting Remove Fast Fashion Remove Location Remove Marketing
article thumbnail

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.

article thumbnail

Boohoo and the cries of celebrity-driven “eco-conscious” campaigns

Inside Retail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the West got lost: Chinese shun foreign brands

Inside Retail

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. As a result, H&M shuttered more than 20 physical locations last year.

Fashion 130
article thumbnail

Is Korea’s Arte Museum the future of experiential retail?

Inside Retail

Despite its fantastic location just 10 minutes from the Pacific Ocean front and Santa Monica Pier, Macerich still has a job on its hands: the Bloomingdales two levels accounted for another approximately 9300sqm that remains to be filled. An experiential tenant like Arte Museum is a trendy choice to replace the cinema.

article thumbnail

8 retailers slashing jobs and cutting costs in 2024

Retail Gazette

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 fashion retailer launched a consultation late last year and is organising a careers fair for the some 400 employees affected before the warehouse closes.

article thumbnail

Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Even some of the most popular brands partner with off-price retail. It’s time to embrace the future of excess inventory.

article thumbnail

Why department stores are thriving in Japan even as the US sector shrinks

Inside Retail

per cent) stores were going gangbusters with duty free sales, which account for up to 20 per cent of their store sales. One of the key drivers of the strong showing has been the revival in visitors from overseas. In April, the Shinjuku (+21.2 per cent) and Osaka (+16.0 per cent in April, led by the Ginza (+41.4 per cent) and Shinjuku (+25.4