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U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

It forces you to consider the ramifications for the future of shopping when you have a generation of customers who think of themselves as thrifters and are focused on value, sustainability and this style of buying.”. A whopping 81% of first-time thrifters said they plan to spend the same amount or more on secondhand in the next five years.

Apparel 279
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The fastest fashion: Why Incu has launched two-hour delivery with Uber

Inside Retail

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. I recently went on a trip to Bali with my family, and I had planned to do a bit of running while I was there,” Low explained.

Fashion 262
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A documentary revealed Shein’s poor working conditions. Will it change?

Inside Retail

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. for fashion brands and be transformative for workers.?.

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H&M to Shutter 250 Stores in 2021

Retail TouchPoints

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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3 Ways Fashion Brands can Move Toward Sustainable Business Models

Retail TouchPoints

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. One hurdle that many sustainable brands face is that consumers may still shop based on price and convenience.

Fashion 257
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8 retailers slashing jobs and cutting costs in 2024

Retail Gazette

Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.

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Last Call for Sustainability: Imperatives for Change in the Retail and CPG Industry

Retail TouchPoints

The pandemic has fundamentally reshaped the relationship consumers have with sustainability, from shopping and investing to employer preferences. This holiday season, four in five consumers say they will consider sustainability to some extent when they’re shopping.