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. TikTok Shop did not return messages seeking comment. Apple declined to comment.

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Fast Fashion Shipping Fashion Accounting 130

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. . Here’s how brands can marry sustainability with returns optimization to get better ROI out of what they’ve already invested in — chiefly, their products.

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Consumer Thrift Store Apparel Returns 309

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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Returns Fast Fashion Apparel Fashion 40

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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Fashion Fast Fashion Returns Inventory Management 245

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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Apparel Fast Fashion Fashion Finance 243

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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Fast Fashion Fashion Consumer Returns 246

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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Fast Fashion Fashion Markdowns Consumer 321

Retail Gazette

JUNE 26, 2023

Rugarli, who currently serves as a board member at Prada Group, will chair the fast fashion retailer’s of the ESG Committee. Asos chairman Jørgen Lindemann said: “Anna Maria joins us with a wealth of ESG experience from some of the biggest brands in global apparel.

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Fast Fashion Fashion Apparel Returns 62

Inside Retail

FEBRUARY 22, 2023

Yet consumer demand is not wavering and fashion trend cycles are shorter than ever due to social media, fast fashion, and technology. Resale is one of the fastest-growing markets and in ThredUp’s 2022 Resale report, it’s predicted that apparel resale will reach an estimated US$218 billion by 2026.

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Fashion Apparel Fast Fashion Advertising 147

Inside Retail

APRIL 26, 2021

Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers.

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Fashion Marketing Fulfillment Fast Fashion 246

Inside Retail

NOVEMBER 23, 2022

Shein, the Chinese fast-fashion giant, is by no means a leader when it comes to sustainability. While no brands claim zero stock, making apparel that closely matches needs is a path to keeping unwanted products out of landfill. This helps customers get what they want while increasing online conversions and reducing returns.

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Apparel Fashion Consumer Fast Fashion 130

Inside Retail

SEPTEMBER 30, 2021

The resale platform is known as the leading destination to buy and sell rare and exclusive popular culture items such as sneakers, apparel, electronics, collectibles, and accessories. Major brand collaborations aren’t always between luxury fashion brands, elusive artists and uber-famous musicians and athletes, either.

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Fashion Accessories Fast Fashion Apparel 130

Retail TouchPoints

JULY 20, 2020

Without real-time visibility or existing systems in place to manage excess levels, cross-functional teams wasted valuable time and resources on work that didn’t produce valuable returns on investment. And for some industry-leading brands, billions of dollars in lost capital from unused excess inventory is still an unfortunate reality today.

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Inventory Management Apparel Fashion Specialty Store 149

Retail TouchPoints

APRIL 8, 2021

While this kind of transformation is tougher for products that can’t be digitized, the concept of a “sharing economy” for items like apparel and furniture is taking hold alongside that of recommerce, all of which feeds into the push toward circularity. It’s the thrill of the hunt,” said Ruben. Retail has become fairly sterile.

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Consumer Fashion Apparel Returns 342

Inside Retail

FEBRUARY 14, 2023

Category sales at the chain are being led by apparel and expensive personal accessories, such as watches and jewelry, which are benefiting from the weak yen, which has been an important factor in the revival of inbound tourism.

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Department Stores Specialty Store Fast Fashion Jewelry 130

Retail Gazette

NOVEMBER 1, 2023

Asos chief executive José Antonio Ramos Calamonte is confident his turnaround plan will see the struggling fashion giant return to profitability in 2025 – despite, it plunging to an almost £300m full-year loss. He plans to do this by a shift “back to fashion” But what exactly does this entail? Will it work?

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Fashion Planning Fast Fashion Returns 62

Independent Retailer

NOVEMBER 8, 2022

This is likely a legacy of the 1970s and 80s, when low-quality and expensive environmental products failed on the market and early socially responsible investments produced low returns. In addition, the financial returns result in greater competitive advantage and innovation.

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Fashion Fast Fashion Boutique Returns 75

Retail Gazette

DECEMBER 21, 2023

It’s clear there is still much for John Lewis Partnership to do in order to return to former glories, with or without White at the helm. Its UK business raked in more than £1bn in sales last year as GlobalData forecasts it will become one of the top 10 apparel firm’s in the country by market share in 2023.

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Grocer Department Stores Fashion Planning 113

Independent Retailer

OCTOBER 5, 2021

Other ways to keep shipping costs down for consumers is to offer hybrid models such as BOPIS (buy online, pick-up in-store), curbside pickup, and BORIS (buy online, return in-store.) 82% of respondents say a positive in-location experience makes them more likely to return to a physical establishment. Tasha Apparel Wholesale.

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Shipping Payment Services Apparel Beauty and Health 52

Retail Geek

FEBRUARY 28, 2023

Extraordinarily inexpensive apparel and you know inexpensive tchotchkes that you probably didn’t know you need but like if you start browsing the side it for a.m. You know they’re the biggest apparels reseller in the u.s. it appears that it’s primarily a catalog they built by aggregating a wide variety of different.

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Apparel Drop-Shipping Social Commerce Shipping 52

Retail Geek

JANUARY 12, 2024

Yes Shopify is acquired No An innovation in e-commerce powered by ai (gpt4) surprises us by how fast it’s adopted and how cool it is. E-com returns 10-15% growth rates. E-commerce returns to 10 to 15 percent growth rate. And it returned to sort of 10% growth.

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Drop-Shipping Apparel Shipping Fast Fashion 59

Retail Geek

DECEMBER 21, 2021

Retailers now compete with social media networks for eyeballs Apparel has shifted from designer led to consumer led, as evidenced by the meteoric rise of Shein. We’re so very grateful to our audience, both for the time you have shared with us, and for generous opinions, feedback, and knowledge that many of you have shared.

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Sporting Goods Drop-Shipping Shipping Apparel 52

Retail Geek

OCTOBER 6, 2022

But there still is a lot of inventory moving through the system and all that inventory moving through the system is based on what everyone thought the man was three months ago and because, the macros are shifting so fast and you know we’ve gone from all these wants to needs like most of that inventory is still wrong.

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Social Commerce Merchant Services Shopping Promotions 52