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It’s Time to Confront the Exploitation Behind Ultra-Fast Fashion

Retail TouchPoints

After May 2, ultra-fast fashion will be slightly more expensive. For years, ultra-cheap, ultra-fast fashion has rewired where and how Americans shop. Led by Chinese-founded online retailers Shein and Temu, ultra-fast fashion has succeeded in part by driving prices for trendy clothes as low as possible.

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Major fast-fashion brands launch trial to collect clothes waste next year

Inside Retail

The EU regulations won’t come into force before 2026 as authorities will give companies at least a year to adapt, government officials and fashion industry sources said. Once the legislation comes into force, fashion companies estimate that Spain will need one textile waste container for every 1,200 residents.

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Forever 21 to Close 200 Stores as it Considers Second Bankruptcy

Retail TouchPoints

-based operator of Forever 21 is preparing to close at least 200 of its approximately 350 stores in preparation for a potential bankruptcy, Bloomberg reports, citing people with knowledge of the matter. While a bankruptcy filing isnt certain to happen, its goal would be to find a buyer for Forever 21s remaining U.S.

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From “fast fashion” to “fast thrifting”: When will we learn?

Inside Retail

US thrift giant Savers has opened two new megastores in Australia this year, and the “Got it at Vinnies” campaign is transforming charity shops into trendy vintage hotspots. It feels like every other Instagram story is about someone’s latest thrifted finds – at least on my feed. And it’s not just Gen Z and millennials who are into it.

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ThredUP Forges Ahead with its War on Fast Fashion Amid Cost-Cutting Initiatives

Retail TouchPoints

Resale platform ThredUP has debuted a new, light-hearted marketing ploy in its ongoing battle against “fast fashion addiction,” mere days after announcing it was joining the ranks of tech companies cutting staff amid an economic slowdown. A Fast Fashion Confessional to Help Gen Z. Strong Q2 Masks Impending Slowdown.

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Beyond Fast Fashion: Why Retailers Must Invest in Timeless, Ethical Linen

Retail Focus

Todays savvy consumers have more information and choices at their fingertips than ever before, demanding a more thoughtful approach to fashion. The post Beyond Fast Fashion: Why Retailers Must Invest in Timeless, Ethical Linen appeared first on Retail Focus Magazine - Retail Design. billion by 2033.

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Only 7 per cent of clothing waste in Australia is recycled, study finds

Inside Retail

Each year, more than 200,000 tonnes of clothing are discarded into Australian landfills , primarily influenced by the fast fashion model, according to a recent study by Professor Alice Payne from RMIT’s School of Fashion & Textiles.