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5 ways crowdfunding can get you through the shipping crisis

Retail Bound

The global shipping industry has operated in a harmonious dance of infinite moving parts for decades, but all it took was one virus-sized domino to fall over and throw the global trade infrastructure into chaos. One of the most disastrous effects of this global shipping crisis is the staggering increase in cost to ship.

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Eddie Bauer Aims to ‘Eliminate Barriers to the Outdoors’ with New Rental Program

Retail TouchPoints

Eddie Bauer is following the lead of other top retailers and getting into the rental business with the launch of a new program that will allow customers to rent its technical apparel and gear at “a fraction of the full retail price.”. The retailer’s rental offerings can be shipped anywhere in the contiguous U.S.

Outdoor 298
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The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

In an ASX announcement, the discount retailer has announced that sales for the half were estimated at $424.7 Gross profit landed at $178.8 ” During the half, the company increased its retail prices on selected products to counter rising international shipping costs which were five times higher than pre-Covid levels.

Shopping 245
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French Contemporary Fashion Brand Brings Rental Service to U.S.

Retail TouchPoints

Customers can return the items at the end of the rental period with free shipping and dry cleaning, continue to rent for a daily fee or purchase the item at a discount. When daily rental fees add up to the retail price, the customer will own the item with no penalty. “As per share but currently trading at $18.20

Fashion 217
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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

The brand has a range of partnerships in the works, and recently opened its first domestic flagship – a 167sqm store at Chadstone Shopping Centre, showcasing new trends and styles, and introducing new customers to the vintage brand. At the end of April last year, the keys changed hands to the current operating partner, Brand Collective.

Planning 246
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Sustainability Update: eBay to Sell ‘Imperfect’ Apparel in UK, Adore Me Launches Sustainable Fashion Marketplace

Retail TouchPoints

Items are available at up 60% off retail prices. They may be ex-display products or feature small defects like scuffs, a loose thread or missing buttons that disqualify them from being sold at full price. Sample of an ‘Imperfects’ listing on eBay UK — Gucci bag with a scuff available for 50% off.

Fashion 250
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Behind Apple’s price cuts and the competitive mobile phone market in Apac

Inside Retail

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. According to Kaur, during the pandemic, spending on electronics was at an all-time high. If you look at Indonesia, deliveries outside of Jakarta from e-tailers like Lazada and Shopee will have extra costs.

Marketing 130