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.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

OCTOBER 26, 2021

Lego declared it would promote inclusive play and address harmful gender stereotypes with its toys. More recently, “ woke washing ” has seen brands promoting social issues without taking meaningful action. How then can brands legitimately shoulder responsibility to support or promote societal transformation? Change from within.

Consumer 130

Consumer Promotions Fast Fashion Marketing 130

365 Retail

FEBRUARY 14, 2024

With the clothing market, for example, cheap fast-fashion brands and trending designer labels reign supreme — no pun intended. It’s not all about promotional offers, and this is what keeps our community engaged even when they’re not actively looking to buy a product. Our claims aren’t just good marketing, they’re reality.

Consumer 70

Consumer Fast Fashion Marketing Fashion 70

365 Retail

NOVEMBER 8, 2022

While traditionally, BNPL services were used to split payments for high value items, they soon became associated with online fast fashion brands, targeting Gen Z and Millennial shoppers. The financial promotion rules for BNPL are also set to change to ensure advertisements are clear and do not mislead consumers. .

Payment Services 73

Payment Services Finance Fast Fashion Consumer 73

365 Retail

SEPTEMBER 24, 2023

Interestingly, the onus has been placed on consumers to try and address the problem by massively reducing their consumption of fast fashion. However, fast fashion is only a part of the problem, as it is a pressing social issue concerned with promoting consumer behaviour reliant on endlessly buying to accommodate fast-paced trends.

Fast Fashion 57

Fast Fashion Fashion Promotions Outdoor 57

Retail TouchPoints

APRIL 8, 2021

Research from fashion resale marketplace ThredUP and GlobalData found that the fashion market for secondhand goods (which includes resale as well as traditional thrift and donations) accounted for $28 billion in sales in 2019; it’s projected to grow to $64 billion by 2024. fashion market this year alone.

Consumer 350

Consumer Fashion Apparel Returns 350

Retalon

APRIL 14, 2021

And since most markdowns are not planned for in advance (or at least accounted for in the pre-season planning stages), they frequently drain profits considerably more than they have to. Although markdowns can have a similar sales uplift to a promotion, the purpose and approach of these two pricing events are very different.

Markdowns 41

Markdowns Dead-Stock Promotions Bundled Pricing 41

Retail Geek

MARCH 15, 2024

They sourced respectively from a large account aggregator, like a budgeting app, and part of a POS system in the US. In the first three months, for context, it had roughly as many weekly active users in the US as the largest fast fashion brand, Shein, and within 10 months had surpassed Shein in sales. The answer is probably not.

Fulfillment 105

Fulfillment Drop-Shipping Shipping Advertising 105

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]

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail TouchPoints

MARCH 27, 2024

alone, secondhand apparel accounted for $43 billion in sales in 2023, and it’s expected to reach $73 billion by 2028. Codifying Circularity In recent months the resale industry also has gotten a big boost from governments, with both America and France moving forward with legislation that promotes circular practices. In the U.S.

Apparel 267

Apparel Fast Fashion Fashion Thrift Store 267