Inside Retail

OCTOBER 19, 2022

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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Payment Services Fast Fashion Fashion Accounting 130

Retail TouchPoints

OCTOBER 20, 2022

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

Fashion Fast Fashion Apparel Consumer 257

Inside Retail

APRIL 28, 2021

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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Fast Fashion Fashion Target Market Consumer 162

Retail TouchPoints

OCTOBER 5, 2020

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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Fast Fashion Fashion Accounting Location 184

Inside Retail

JULY 24, 2022

The other report shared that fast fashion brand Shein’s largest consumer group is Gen Z women motivated by price and online shopping. Young people consistently buy fast fashion on platforms like Galaxy and Depop but they’re also re-selling it successfully on those apps.

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Fashion Fast Fashion Accessories Consumer 147

Inside Retail

NOVEMBER 30, 2022

The US-inspired shopping event – which sees retailers across the country offer deals and discounts to tempt customers and boost sales – kicks off the peak period, and is routinely one of the busiest days on the calendar for shops, large and small. Chadstone Shopping Centre in Melbourne’s south east went all out for the shopping event.

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Fast Fashion Shopping Accessories Consumer 246

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.

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Fast Fashion Fashion Apparel Department Stores 98

Retail TouchPoints

NOVEMBER 10, 2021

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.

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Fast Fashion Fashion Consumer Accessories 256

365 Retail

JUNE 7, 2022

As the rising cost-of-living crisis sees energy bills, fuel and food prices continue to climb, more UK consumers are turning to second-hand shopping and upcycling in order to make ends meet – as well as minimise their environmental impact. Shopping locally (30%). Coming around to the circular economy. Product lifespan (24%).

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Shopping Fast Fashion Fashion Consumer 59

Retail TouchPoints

JUNE 30, 2021

Resale — the segment of the secondhand market that ThredUP defines as offerings with more curated assortments — is expected to account for more than half of that total, $47 billion , by 2025. Growing Sustainability Concerns Favor Resale Over Fast Fashion. Fast fashion and thrift are very similar in a lot of ways,” said Clark.

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Fast Fashion Fashion Apparel Thrift Store 263

Inside Retail

JULY 13, 2021

Since the fast fashion brand first launched on Tmall in China in 2018, it has continued to embrace third-party marketplaces in the broader region, including Myntra in India and Zalora in Southeast Asia. “I And nowhere is this more apparent than in Asia, where online marketplaces dominate the local e-commerce industry.

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Fast Fashion Fashion Fulfillment Accounting 246

Retail TouchPoints

MAY 29, 2020

Fast Fashion trends downward, still, but there’s hope : There have been some fluctuations in fast fashion revenues, but ultimately this retail sector is down YoY: from -20% in mid-March, it has now dropped to -29.1% However, sessions are significantly down. in mid-April 2020.

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Fast Fashion Fashion Consumer Accounting 174

Inside Retail

APRIL 25, 2021

This included the images on in-store photos, gift cards and shopping bags. A new, brighter store design was introduced and it quit playing loud, thumping music in its shops. As part of the turnaround, speed to market has been increased, allowing it to compete more effectively with fast fashion retailers like Zara.

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Fast Fashion Fashion Accounting Target Market 223

A1 Retail

MAY 31, 2022

New insights from eBay Ads UK show that rising living costs and climate-consciousness are driving changes in shopping behaviours, creating new opportunities for retailers in the circular economy. One area of fashion driven by online is the resale market, with 25% of UK consumers buying second-hand fashion in 2021. [1].

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Shopping Fast Fashion Fashion Consumer 45

Retail Gazette

MARCH 6, 2024

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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Fast Fashion Fulfillment Planning Fashion 103

Retail TouchPoints

NOVEMBER 9, 2022

Global downloads of mobile shopping apps were up 16% year-over-year in the first half of 2022 while the number of sessions was up 29% , according to data from the It’s Not Luck, It’s Skill: Make Every Marketing Dollar Count This Holiday Season report by data.ai. It was the second-most downloaded shopping app in the U.S.,

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Fast Fashion Fashion Shipping Marketing 214

Inside Retail

FEBRUARY 8, 2023

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. It sits at the top of Third Street Promenade, a famous shopping, food and entertainment strip.

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Department Stores Fast Fashion Shopping Location 130

Inside Retail

MAY 10, 2023

per cent) stores were going gangbusters with duty free sales, which account for up to 20 per cent of their store sales. To some extent, the closings reflect the same broad changes in consumer shopping behaviour that have plagued the department store industry in recent years. In April, the Shinjuku (+21.2 per cent) and Osaka (+16.0

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Department Stores Specialty Store Fast Fashion Supermarket 130

Inside Retail

APRIL 25, 2022

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. Last August, Urban Outfitters announced it was exiting China temporarily.

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Fashion Accounting Fast Fashion Accessories 130

Inside Retail

JULY 28, 2021

The Covid-19 outbreak urged consumers to change their buying and shopping behaviors not only in Singapore but worldwide. When our founder opened his first shop in Hiroshima, lenses were shaped and polished by the hands of our store staff for individual prescriptions of our customers.

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Dead-Stock Fashion Fast Fashion Shopping 246

365 Retail

JANUARY 20, 2022

Around 400 jobs are set to be axed across fast fashion chain Primark’s UK stores as the group looks to overhaul its retail management team. It said the move aims to “provide clearer accountability, greater flexibility and more management support on the shop floor”.

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Management Fast Fashion Fashion Accounting 65

Retail TouchPoints

JULY 20, 2020

While the level of long-term sustainability is up for debate, researchers have found that off-price retail accounts for as much as 5% to 10% of sales for luxury brands such as Gucci, Prada, Dior, Louis Vuitton and Valentino — all fashion industry leaders with international name recognition.

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Inventory Management Apparel Fashion Specialty Store 148

Retail Gazette

DECEMBER 21, 2023

Hood said thieves had cost the business £33m over the period amid a rise in what he termed “shop looting”, where large amounts are stolen by organised gangs. The much-needed Oxford Street revamp Oxford Street has been on its knees in recent years with a raft of vacancies and downmarket stores setting up shop.

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Grocer Department Stores Fashion Planning 113

A1 Retail

MAY 6, 2021

Thriftify enables consumers to shop sustainably for quality second-hand products, in a way that positively impacts both people and the planet. Thriftify – a dedicated online marketplace connecting charity shops with consumers – has today announced its UK-wide launch.

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Fast Fashion Fashion Accessories Consumer 76

Independent Retailer

APRIL 19, 2022

As sustainability continues to grow in popularity, the new buzz around the block is that ‘buying local’ and ‘shopping small’ is better for the planet — but is this really true? In 2019, the shipping industry accounted for about three percent of global carbon emissions, and that number is expected to rise to 17 percent by 2050.

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Thrift Store Shipping Fast Fashion Fashion 78

Inside Retail

AUGUST 20, 2023

Furthermore, over 40 per cent of Australian consumers say they value sustainability and it drives their purchasing decisions, though there are concerns over affordability and not being able to find sustainable fashion where they typically shop.

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Fashion Consumer Fast Fashion Planning 246

A1 Retail

FEBRUARY 12, 2024

I’ve seen some fabulous new products, and some new accounts opened.” Richard Keel, Managing Director of Keel Toys said, “The footfall and orders across Sunday and Monday have been really good, we have opened a high number of new accounts. Sue Waterhouse, Mia James Interiors said, “The show is beautiful.

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Fashion Returns Accounting Management 59

365 Retail

FEBRUARY 14, 2024

With the clothing market, for example, cheap fast-fashion brands and trending designer labels reign supreme — no pun intended. They’d come into your shop, check out your wares, and have the option to rock up at your front door if they really weren’t happy with their purchase. Now they leave TrustPilot reviews.

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Consumer Fast Fashion Marketing Fashion 73

Inside Retail

OCTOBER 14, 2021

Karantoni has done an outstanding job rapidly expanding our e-commerce business to meet the surge in demand we’ve seen for online shopping over the past 18 months,” Brad Banducci, CEO of Woolworths. Annette joins a very strong team at Primary Connect, who have demonstrated safety and service leadership throughout the pandemic.

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Fast Fashion Management Outdoor Finance 130

Retail Gazette

AUGUST 15, 2023

Fellow fast fashion giant Asos had its cover cut in May and frozen food giant Iceland had its reduced the start of the year. .” Last month, leading credit insurer Allianz Trade reduced its cover for Boohoo suppliers. Its cover has been cut by an average of 50%, with some suppliers set to have zero coverage from September.

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Payment Services Fast Fashion Fashion Accounting 98

I Love Fashion

APRIL 5, 2023

Why Are Online Fashion Marketplaces Booming So Fast? Fashion marketplaces that are available online offer way more convenience to online sellers and marketers to reap the best benefit in the most convenient way. Here are the reasons why fashion marketplaces’ popularity has grown so much online.

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Fashion Payment Services Accounting Fulfillment 52

Retail Gazette

FEBRUARY 21, 2024

Shoppers can shop from anywhere and organic search is still a massive driver of traffic – accounting for 76% – but things are changing. One example Talkoot’s Hennessy gave the room was DirtyPrettyThing – a fast fashion retailer aimed at the young. Today the search bar rules supreme.

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Fast Fashion Consumer Marketing Accounting 52

Retalon

OCTOBER 24, 2023

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. This can be an excellent solution, but when too much product is accessible to the public, they stop shopping at retail prices. How do retailers get into this mess?

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Markdowns Fast Fashion Consumer Accessories 41

Retalon

FEBRUARY 14, 2022

Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. This can be an excellent solution, but when too much product is accessible to the public, they stop shopping at retail prices. How do retailers get into this mess?

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Markdowns Fast Fashion Consumer Accessories 41

Retail Gazette

OCTOBER 19, 2023

Gieves & Hawkes Acquired: November 2022 In November last year, the retail conglomerate snapped up the Gieves & Hawkes brand and five UK stores, including its Savile Row shop. Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. back in March 2017.

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Fashion Fast Fashion Planning Boutique 62

Retail TouchPoints

APRIL 8, 2021

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. Both socially conscious shopping and the resale sector already were on the rise before COVID, but the pandemic gave a boost to both.

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Consumer Fashion Apparel Returns 339

Inside Retail

APRIL 18, 2022

I love going shoe shopping, I love going handbag shopping, I love seeing what’s on the street. The women in the street, in the shops, at the hairdresser. IR: Beyond the fashion side of things, you’re obviously a successful businesswoman. What do you like about running a fashion retail business? It’s cash and grab.

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Fashion Department Stores Fast Fashion Shopping 130