Retail TouchPoints

NOVEMBER 10, 2021

This has significant implications for the retail and consumer packaged goods (CPG) industry across the product value chain. A recent IBM Institute for Business Value study polling retail and CPG executives revealed that by the end of 2021, nine in 10 will be working on sustainability initiatives across the enterprise.

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Fast Fashion Fashion Consumer Accessories 261

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. Something has to be said about a first mover advantage, it makes things easier.

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Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

APRIL 25, 2022

The next retailer that looks to be in trouble is fast-fashion titan H&M. Poor sales led to the brand’s profits in China falling 23 percent, year on year, during Q2 of 2021 – a staggering loss of $74 million. Nationalism shifts spotlight to homegrown brands The pandemic has also made China a tougher market for Western brands.

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Fashion Accounting Fast Fashion Accessories 130

Indigo 9 Digital

FEBRUARY 9, 2023

Budget conscious consumers flocked to the retailer to buy its inexpensive clothing. With 917 stores in China, China is UNIQLO’s number one international market making up approximately 25% of UNIQLO’s revenue. In 2021 Uniqlo had a 1.4% share of the Chinese apparel market, larger then any other brand.

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Fast Fashion Apparel Fashion Retail Trends 98

Inside Retail

FEBRUARY 8, 2023

The space is the upper level of a three-level empty box, the two levels below having been left by upscale department store Bloomingdales , which closed in March 2021. Its public art includes “Wave” in Seoul’s K-Pop Square, and, in the summer of 2021, “Waterfall-NYC” and “Whale #2” in New York’s Times Square.

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Department Stores Fast Fashion Shopping Location 130

Indigo 9 Digital

MAY 31, 2022

By Tricia McKinnon Beyond Meat, the company that is making eating plant-based protein mainstream continues to grow at a fast pace. In 2021 Beyond Meat’s revenue increased by 14.2% Plant based burgers are not new but Beyond Meat has been able to capture more of the mainstream market. Expand the definition of your target market.

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Marketing Advertising Fast Fashion Consumer 52

Retail TouchPoints

JULY 20, 2020

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. In the past, repurposing it required a meticulous approach that was equal parts complicated and time-consuming.

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Inventory Management Apparel Fashion Specialty Store 146

Inside Retail

AUGUST 12, 2021

The niche crypto assets are also capturing the attention of some of the world’s biggest fashion companies, keen to associate themselves with a new generation of gamers – although most of their forays so far are for marketing. The overall size of the NFT wearables market is difficult to establish. SELFIE SHOPPING.

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Fashion Fast Fashion Accessories Shopping 130

Retail Insider

APRIL 19, 2022

Historically it has been the older more affluent customer who sells and the younger, value-based individual who buys second-hand, but as time goes on this is altering and there are estimates that the global resale market could be worth up to $47bn by 2025 – an exponential rise. Lululemon: Launching Like New on Earth Day.

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Fashion ATS Fast Fashion Consumer 98

365 Retail

DECEMBER 26, 2022

New research from Barclaycard Payments shows that the average shopper intends to buy £229 worth of items in the post-Christmas sales period, a reduction of £18 compared to 2021’s figures. Post-Christmas sales shopping list 2021 (%). 2022 vs 2021 change. Post-Christmas sales shopping list 2021 (%). 2022 vs 2021 change.

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Planning Fast Fashion Fashion Shopping 52

Retail Gazette

DECEMBER 21, 2023

The business had been faltering for some time as it failed to keep up with value rivals B&M, Poundland and Home Bargains, which have all been growing rapidly and stealing its market share. between 2017/18 and 2021/22. Indeed, Wilko had recorded sales declines in its last four financial years, with revenue falling by 18.6%

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Grocer Department Stores Fashion Planning 115

Retail Gazette

NOVEMBER 1, 2023

Asos expects the model to be scaled to over 10% of its own brand by the end of its current financial year. Savvy Marketing chief executive Catherine Shuttleworth praises the new strategy but warns a challenge will be in what channels it uses to communicate with its customers. fan base on Instagram. . fan base on Instagram.

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Fashion Planning Fast Fashion Returns 64

Retalon

APRIL 14, 2021

Retailers need to consider many markdown strategies to find the one(s) that align with their products, their markets, and their overall business. Online stores often adopt an agile pricing strategy that uses predetermined triggers to respond to changing inventory and market conditions. Businesses measure things they care about.

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Markdowns Dead-Stock Promotions Bundled Pricing 41

Indigo 9 Digital

MARCH 6, 2023

In 2021 Inditex generated 27.7 In 2020 during the height of the COVID-19 pandemic when consumers were forced to shift a large share of their spending online, Zara’s digital sales were up 77% representing a third of all sales. Then in 2021 Zara’s digital sales were up 14% on top of breakthrough sales the year before.

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Fast Fashion Apparel Fashion Advertising 52

Retail Geek

JANUARY 6, 2023

Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail Geek

MAY 20, 2021

April Sales – Flat vs. March 2021, up 41% vs. April 2020 (severely Covid impacted month). Episode 264 of the Jason & Scot show was recorded on Wednesday May 19, 2021. Yeah so they’re a fashion brand they’re a direct-to-consumer fashion brand I mentioned that they’re based in China.

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Apparel Drop-Shipping Fashion Shipping 86

Retail Geek

FEBRUARY 28, 2023

more than 20 21 largely because 2021. Over the last 10 years than normal growth rate for e-commerce is 16.4% 10:07] Obviously I get a lot of these e-commerce Spike during covid and then kind of regress to the mean but. They grew by 10% the. [25:16] percent is less than half of what our traditional growth would be.

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52

Inside Retail

MARCH 31, 2022

Over the course of the pandemic, Shein has doubled its revenue to US$10 billion and dethroned Amazon as the top shopping app in the US. Following its rapid success, many competitors have emerged from China with hopes to take a slice of the e-commerce pie, with the likes of Alibaba and TikTok jumping into the fast fashion ring.

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Fast Fashion Payment Services Fashion Shipping 130

Retail Geek

SEPTEMBER 8, 2021

In this broad ranging interview, we cover his distinguished career, his opinion about the recent direct to consumer trends, and much more. Steve Jobs desire to be a direct to consumer brand. Episode 275 of the Jason & Scot show was recorded on Wednesday September 8th, 2021. His cameo on Breaking Bad. And much more.

Wholesale 52

Wholesale Department Stores Fashion ATS 52

Inside Retail

MAY 4, 2023

The progress made by 25 retailers has been tracked and monitored by World Baptist Aid – via its Ethical Fashion Report and in accordance with its guidelines – with factors relating to supply chain governance, including workplace conditions and wages, being accessed. million victims as of last year.

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Fast Fashion Fashion Department Stores Consumer 130

Indigo 9 Digital

JUNE 28, 2022

billion in sales in 2021 surpassing pre-pandemic levels. In Abercrombie & Fitch’s heyday of the 1990s and the 2000s it was well known for marketing what it called an “ all-American ” look that featured mostly white models. Competition from fast fashion retailers and the rise of athleisure lured customers away.

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Fashion Fast Fashion Consumer Marketing 98

Retail Geek

JANUARY 7, 2022

Episode 284 is our annual predictions episode for 2021 and a recap of our 2021 predictions. 2021 Predictions Recap. Bonus – More store closures in 2021 than 2020. commerce penetration says at 16% or better in 2021. commerce penetration says at 16% or better in 2021. Jason Total Score: 3 of 5.

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Merchant Services Payment Services Drop-Shipping Apparel 98

Retail Prophet

MARCH 18, 2022

In a matter of weeks, 40 years of continued offshoring of production by Western companies came screaming back to bite them and the consumers who depend on them. According to a 2021 report, “75% of new sellers in the top four core Amazon markets – U.S., How big an imbalance are we talking about? And that’s just Britain!

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Fast Fashion Consumer Fashion Returns 134