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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

For example, 60% of customers say they would be willing to pay more for a product with sustainable packaging, so it is paramount that businesses stay with the times and account for these shifting consumer preferences. One industry with a particularly negative environmental impact is the retail industry.

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How the Fashion Industry Can Pave the Way for a Sustainable Future

Retail TouchPoints

In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers. In tandem with this, there is a goal to employ zero-emission vehicles when shipping apparel across various regions, with a duty to track, quantify and publicly declare emissions output.

Fashion 307
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Rags not riches: Ghana drowns in Western castoffs

Inside Retail

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. “Many of these garments should have been disposed of there, yet they put them into bales and ship them here. .

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Nike, Ikea, Asos join a growing list of global retailers spurning Russia

Inside Retail

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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Analysis: Why does Shein continue to escape scrutiny?

Inside Retail

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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Analysis: What the crackdown on sustainability claims means for retail

Inside Retail

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.

Fashion 246
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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

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.