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Why LVMH outperformed H&M amid a cost-of-living crisis

Inside Retail

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. This, he explained, counts against fast fashion. “In

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Fashion and retail are ripe for disruption: The promise of generative AI 

Inside Retail

It speculated that future fashion collections could be made with a creative director and an AI program to bring clothes and accessories to market faster, more efficiently and improve the CX factor as well. According to Sarah Neill, CEO and founder of Mys Tyler , the world of fashion has been ripe for disruption for a long time now.

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Why Chloé’s new team-up with Vestiaire Collective is so innovative

Inside Retail

In this instance, it offers Chloé consumers an efficient way to list items on Vestiaire Collective while tracing the product’s journey. When a customer is ready to list their Chloé Vertical item, they can scan the tag on the inside of the product and upload current images and a description within a pre-filled listing form.

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How retailers can use loyalty to win in the age of Shein

365 Retail

There’s no ignoring the ever-growing threat posed by online fast fashion giant, Shein. Shein is famed for often unbelievably inexpensive apparel and a growing popularity among Generation Z consumers. How Shein cultivated a loyal fanbase Price is critical to all consumers.

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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

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]