Remove Consumer Remove Fast Fashion Remove Management Remove Retail Marketing
article thumbnail

Why Nike is putting used sneakers back on the shelf

Inside Retail

“From a customer perspective, resale is driven by a wish to get one’s hands on desirable fashion items at a lower price as well as experiencing the fun of treasure hunting for something unique,” Anna Forster, sustainability strategist and co-founder of The Purpose Agents, told Inside Retail. “At ” How Nike Refurbished works.

article thumbnail

Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Technology has revolutionized the way brands manage their excess inventory. How Is Excess Inventory Optimized?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tapping into Temu: Why American Gen Zs love the Chinese app

Inside Retail

Through Pinduoduo’s proprietary supply-chain resources, Temu is also able to replicate its success and profitable model by slashing intermediary costs, connecting consumers with high-quality manufacturers at competitive prices and amassing high sales volumes. More than half of its followers are Gen Z consumers who prioritise low-cost goods.

Shipping 130
article thumbnail

How Canningvale plans to take Robinsons Singapore back to its roots

Inside Retail

million in 2014, the retailer suffered from years of declining foot traffic and was placed into liquidation at the end of 2020. . The point of difference I see for Robinsons in the market is as a value-orientated, specialist online department store that focuses on offering less choices, better options,” Prainito said. ” . “The

Planning 147