Inside Retail
DECEMBER 13, 2023
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.
Inside Retail
FEBRUARY 21, 2024
The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid transit times, more than ten industry sources said. That equates to around 108 Boeing 777 freighters a day, the consultancy said.
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Retail TouchPoints
APRIL 19, 2024
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.
Retail TouchPoints
JUNE 24, 2022
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.
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. “Many of these garments should have been disposed of there, yet they put them into bales and ship them here.
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.
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. Shein, originally founded in China, relies on drop-shipping directly from its extensive network of China-based suppliers. “I am with Temu who has the same and more for less.”
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