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 TouchPoints

MAY 17, 2022

And while North America remains the leader, resale is now clearly a global phenomenon: the worldwide secondhand apparel market is expected to grow 127% and hit $218 billion by 2026. “I The “thrifters” cohort is growing steadily, with 41% of consumers now saying that when they shop for apparel, secondhand venues are their first stop.

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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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Retail TouchPoints

OCTOBER 31, 2023

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. fast fashion brand Forever 21 ; those two brands recently announced plans for a co-branded line of men’s and women’s apparel that will be sold exclusively on Shein.

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Retail Wire

SEPTEMBER 5, 2023

Moda Re, a garment re-use and recycling charity, plans to double the volume of clothing it handles at its sorting centre in Barcelona to 40,000 metric tonnes per year. The expansion is part of efforts to tackle Europe’s clothing waste problem, with less than a quarter of the continent’s 5.2 million tonnes of clothing waste.

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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. The retailer opened its first U.S. store six years ago in Boston.

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Inside Retail

SEPTEMBER 13, 2023

Founded in 2019 by Lauren Mariani as a lingerie brand, Sotto Brand quickly expanded into complimentary apparel. Further reading, Australian fast-fashion brand Princess Polly has expanded in the US, opening a flagship store in Los Angeles.

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Retail TouchPoints

NOVEMBER 28, 2023

Fast fashion juggernaut Shein has confidentially filed to go public, multiple sources report. based Sparc Group , which owns fast fashion rival Forever 21. Rumors of an IPO for the discount app have swirled for over a year now as Shein has continued its meteoric rise in the U.S. and the world.

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Retail TouchPoints

APRIL 5, 2023

consumers ( 52% ) shopped secondhand apparel in 2022. In fact, one in three apparel items bought in the last 12 months in the U.S. secondhand apparel market is projected to reach $70 billion by 2027; globally the secondhand market is set to nearly double by 2027, reaching $350 billion. The study found that more than half of U.S.

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Retail Times

MAY 16, 2023

Following today’s release of the boohoo group’s figures for year to 28 February 2023; Louise Deglise-Favre, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “FY2022/23 was disappointing for former star of fast fashion, the boohoo group, as sales dropped 10.8% to £1.77bn.

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Inside Retail

APRIL 9, 2024

Fast fashion giant Shein will provide a variety of interactive, immersive, and fashion experiences at Ultra Australia music festival in Melbourne on April 13.

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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. The three-day event promised a showcase of more than 1,000 different styles with the product assortment rotating daily.

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Retail Dive

OCTOBER 19, 2022

The fast-fashion company is disappointed in its overseas results, especially in the U.S., where Nordstrom has exclusive distribution of its Topshop brand.

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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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Retail TouchPoints

JUNE 24, 2022

Before the rise of cheap mass-produced apparel, clothing was typically made with higher quality materials, often by hand, and items lasted significantly longer. In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers.

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Retail TouchPoints

MAY 4, 2023

thanks to on-trend discount offerings enabled by its real-time fast fashion model. The platform will host both local and international third-party sellers on the Shein site and app alongside Shein-branded apparel products. Shein has enjoyed a meteoric rise in the U.S. before rolling out to other global markets. ”

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Retail TouchPoints

AUGUST 15, 2023

Since its launch in 2019, Parade quickly established itself as a force to be reckoned with in the intimate apparel industry, setting new standards for inclusivity, body positivity and self-expression both through its product line and branding. Financial details of the deal were not disclosed. ”

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Retail TouchPoints

APRIL 19, 2024

Especially in this era of fast fashion, most retail products are produced overseas and shipped thousands of miles to their destination. Sourcing Solutions International is a unique supplier that manufactures both hangers and packaging for the apparel retail industry.

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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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Inside Retail

JUNE 2, 2021

The second-hand market is projected to grow at a 39 per cent compound annual growth rate from 2019 to 2024 in the United States, reaching $64 billion, and to grow to twice the size of fast fashion on a global basis, Etsy said.

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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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Retail Dive

JANUARY 19, 2023

The fast-fashion retailer has brought in nearly 3,000 participants to its Shein X initiative, which helps fund them through the apparel creation process.

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Inside Retail

JUNE 5, 2023

International apparel brand Lululemon has partnered with Australian environmental startup Samsara Eco, as part of an initiative to tackle textile waste. The multi-year collaboration will see Lululemon harness Samsara Eco’s circularity technology to create new recycled nylon plastics and polyester from apparel waste.

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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. Fortunately, this has also provided a breeding ground for serious innovation and imagination.

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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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Inside Retail

MAY 10, 2021

Alternatively, they may become the innovators in apparel trends, and develop ongoing collections such as the H&M designer capsule ranges,” she observed. Meanwhile, its Japanese competitor Muji also sells apparel and accessories alongside homewares and furnishings.

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Fashion Retail

DECEMBER 12, 2021

Last week, Royal Bank of Canada Capital Markets published European General Retail primer; the strong to get stronger, a report that presents latest market trends, financial … More Apparel Brands Report 2021.

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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?

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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

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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Retail TouchPoints

JANUARY 4, 2022

The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . In fact, apparel resale revenues are growing 24 times faster than retail apparel sales. . Understanding the Resale Phenomenon.

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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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Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Particularly for those operating in fast fashion, where the negative environmental and social impact of unsustainable practices is increasingly under public and media scrutiny. Recommerce.

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Inside Retail

OCTOBER 13, 2021

Supply bottlenecks, slower product deliveries and higher freight and labour costs risk shifting the fast fashion industry into the slow lane, as shown this week by British online fashion retailer Asos. Cheap supplies from Asia have been central to many fast fashion business models.

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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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Retail Dive

JUNE 23, 2021

The segment, which may outpace the wider market eleven-fold in that time, is upending fast fashion, according to a report from the secondhand site.

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Inside Retail

FEBRUARY 24, 2022

Sydney-based brand distributor True Alliance this week revealed that it is bringing iconic American apparel brand Gap back to Australia as an online-only offer. But it’s not only the fashion trends that have changed since Gap’s heyday. They flew right in the face of fast fashion.

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