Inside Retail

JANUARY 18, 2023

Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Fast fashion has no value, and even less in resale. Dounia Wone, Vestiaire Collective’s chief impact officer.

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Retail Wire

NOVEMBER 10, 2021

Major retailers are moving their apparel and footwear manufacturing out of Asia to produce goods closer to major consumer markets in the U.S. Mango, the fast-fashion chain, has moved production from China and Vietnam to Brazil and Mexico. and Europe.

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Inside Retail

JUNE 2, 2021

More young consumers are moving toward second-hand fashion options, conscious of the environment and carbon footprint of the clothing industry. The post Etsy to buy fashion reseller Depop in push for younger consumers appeared first on Inside Retail. Reporting by Nivedita Balu.

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Retail TouchPoints

APRIL 5, 2023

Consumers and retailers are turning to resale more than ever amid economic uncertainty, according to ThredUp ’s 11th annual Resale Report , conducted by GlobalData. consumers ( 52% ) shopped secondhand apparel in 2022. In fact, one in three apparel items bought in the last 12 months in the U.S. consumers bought 1.4

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Retail TouchPoints

JANUARY 4, 2022

As retailers have struggled to navigate changes in consumer behavior and economic uncertainty brought on by the pandemic, one area has seen continued growth: recommerce. Recommerce checks many boxes for both consumers and businesses. In fact, apparel resale revenues are growing 24 times faster than retail apparel sales. .

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Retail TouchPoints

NOVEMBER 12, 2021

Ireland-based fast fashion retailer Primark is continuing its steady expansion in the U.S., The company’s most recent opening, its 13 th , took place in Philadelphia’s Fashion District in September 2021. This shift in consumer sentiment has been a primary driver behind the demise of U.S. The retailer opened its first U.S.

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Inside Retail

OCTOBER 2, 2023

Winnie Park has quite the resume in apparel retail, having worked as senior director of merchandising at Levi Strauss & Co and executive vice president of marketing at DFS Group. Now, she is the CEO of one of the most well-known fashion chains in the industry, Forever 21.

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Retail TouchPoints

JUNE 24, 2022

Focus and blame generally turn to the manufacturing, production and distribution parts of the chain, but other aspects are not usually at the forefront of the mind, especially when it comes to the consumer standpoint. In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers.

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Retail TouchPoints

JUNE 24, 2022

Online fast fashion retailer SHEIN is hosting the latest in its traveling series of pop-up events at San Francisco’s Embarcadero Center from June 24 to 26, 2022. Consumers are still shopping SHEIN in droves, however, as evidenced by the sold-out San Francisco event.

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Retail TouchPoints

APRIL 19, 2024

After all, studies show that consumers care more about the environmental impact of their purchasing decisions than ever before. Especially in this era of fast fashion, most retail products are produced overseas and shipped thousands of miles to their destination.

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Retail TouchPoints

MAY 4, 2023

This contrasts with fellow China-based discount shopping apps such as Wish and Temu , which use a consumer-to-manufacturer marketplace model. thanks to on-trend discount offerings enabled by its real-time fast fashion model. Shein has enjoyed a meteoric rise in the U.S. before rolling out to other global markets. ”

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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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Inside Retail

JULY 5, 2022

The exit of a series of fast fashion brands in the past few years – including Old Navy, Selected and Esprit – reflects not only the impact of the Covid restrictions but also the change in preference of Chinese consumers, where conventional fast fashion is less attractive.

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Retail TouchPoints

OCTOBER 20, 2022

As prices continue rising, consumers rely on a combination of their wallets and consciences when deciding which fashion industry trends to buy into. Innovations include new biodegradable materials and manufacturing processes that reduce both textile and environmental waste in the pursuit of sustainable apparel.

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Retail TouchPoints

JUNE 2, 2021

billion as it looks to extend its reach both in the apparel sector and with Gen Z consumers. Depop’s peer-to-peer marketplace for secondhand fashion is the 10 th -most-visited shopping site among Gen Z consumers in the U.S., The site is primarily known for its vintage, streetwear and Y2K (late 1990s/early 2000s) fashion.

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Retail TouchPoints

SEPTEMBER 29, 2022

There are signs of a disconnect between consumers and retailers when it comes to sustainability. A recent report has found that two-thirds of consumers are willing to pay more for sustainable products than retailers expect — and reveals that consumer preference for recommerce models is also being underserved. A Starting Point.

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Inside Retail

JANUARY 31, 2023

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. This, he explained, counts against fast fashion. “In

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Inside Retail

MARCH 26, 2023

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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Retail Dive

OCTOBER 14, 2021

The fast-fashion e-retailer says that brick-and-mortar apparel sales will increasingly be under pressure as younger consumers buy more online.

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Inside Retail

MAY 10, 2021

It has also successfully created a sense of FOMO (fear of missing out) among some consumers. Alternatively, they may become the innovators in apparel trends, and develop ongoing collections such as the H&M designer capsule ranges,” she observed. It’s not the first time furniture retailers have become lifestyle brands.

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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. Fashion reparations? “We’re collecting used clothes from our beaches and gutters every week.

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Inside Retail

SEPTEMBER 26, 2022

To a slow fashion apparel brand in rural Cambodia, Australia’s sophisticated fashion capital of Melbourne seems a world away – and not just geographically. Earlier this year, the brand made a debut inside Myer’s Bourke Street Mall flagship store and became the first Cambodian apparel brand to be stocked by the Aussie retailer.

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Inside Retail

JUNE 7, 2022

Custom apparel retailer Institchu has just unveiled an innovative new technology that will offer other brands the same made-to-measure capabilities it has in its business. The newly launched software-as-a-service product, called Taper, will make it easy for traditional retailers to begin custom tailoring apparel for their shoppers.

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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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Inside Retail

OCTOBER 26, 2021

At the same time, businesses have a chequered history when it comes to engaging with societal problems, from self-serving “box ticking” corporate practices under the guise of social responsibility to shifting responsibility to consumers to make ethical choices (such as reusable coffee cups). Read the original article.

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Inside Retail

APRIL 17, 2023

A $275 billion dollar windfall In the next three to five years, generative AI could add $150 billion, conservatively, and up to $275 billion to the apparel, fashion, and luxury sectors’ operating profits, according to McKinsey & Co research. It has so far had little experience with generative AI – but that could soon change.

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Retail TouchPoints

MAY 27, 2020

Walmart continues its mission to elevate its reputation in fashion with its new ThredUP partnership, which gives e-Commerce shoppers access to secondhand merchandise across the full spectrum of prestige — from luxury names such as Chanel and Prada to middle-market Ann Taylor LOFT and Lands’ End to affordable Old Navy and fast-fashion leader H&M.

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Inside Retail

FEBRUARY 5, 2023

They claim that more than 30,000 workers in eight factories that produce Adidas apparel are owed $11.7 He feels that many fashion brands have sold their uniqueness to become accessible and therefore mediocre, and environmentally unfriendly by adhering to ‘fast fashion’. million in wages.

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Indigo 9 Digital

FEBRUARY 9, 2023

Yanai built UNIQLO by studying the Gap, which became successful by selling private branded apparel. “In Budget conscious consumers flocked to the retailer to buy its inexpensive clothing. share of the Chinese apparel market, larger then any other brand. Don’t get caught calling UNIQLO fast fashion.

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Retail TouchPoints

JUNE 30, 2021

While the pandemic had a chilling effect on apparel sales as a whole, the resale sector was blazing hot: it grew 29% in 2020 to capture $9 billion in U.S. Clark isn’t exaggerating: 33 million consumers bought secondhand apparel for the first time in 2020, according to the report.

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Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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Inside Retail

DECEMBER 19, 2023

Hear the phrase ‘fashion waste’ and most people immediately associate it with the fast-fashion industry producing products with short lifespans, ultimately destined for landfills. This is known as pre-consumer waste and includes scraps, offcuts, and rejected garments that are discarded during the production stage.

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Retail TouchPoints

JUNE 28, 2022

Recommerce, the sale of secondhand merchandise, is a hot topic as consumers become more enthused about recycling goods rather than contributing to enormous mountains of landfill waste. While secondhand marketplaces are steadily growing, they barely make a dent in the billions of items today’s consumers generate. Take the U.S.

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Retail Times

JUNE 15, 2023

Following today’s release of ASOS’ figures for the three months ending 31 May 2023; Pippa Stephens, senior apparel analyst at GlobalData, a leading data and analytics company, offers her view: “Consumers’ return to physical stores and shift away from fast fashion has continued to hit ASOS, with its group revenue in Q3 FY2022/23 plunging by […] (..)

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Inside Retail

APRIL 26, 2021

Australian online clothing rental company GlamCorner is adapting its offering as more brands look to launch their own branded rental service amidst major changes in consumer behaviour. This resonates with younger consumers in particular. Overall, 57 per cent agree that buying too many fashion items is bad for the environment.

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Retail TouchPoints

JULY 20, 2020

In the past, repurposing it required a meticulous approach that was equal parts complicated and time-consuming. By 2021, off-price retailers are anticipated to experience apparel revenue growth of 6% to 8%, exceeding the broader apparel segment by a collective 4%. Eco-Friendly Benefits.

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Inside Retail

FEBRUARY 27, 2023

Material circularity is on the rise and the latest company to produce a completely recyclable piece of clothing is sustainable apparel brand Pangaia. The impact this has on the planet is diabolical and it is not just a consumer problem, it is the responsibility of everyone in the fashion and textiles industry.

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