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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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Carhartt, cowboys and the romanticisation of the middle class

Inside Retail

They have realigned their strategies to target older consumers with higher incomes who are typically less affected by economic downturns and spending more than pre-pandemic levels. Consider bundling key items and basics in multi-packs to offer value as consumers are tightening budgets.

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Is all media good media? Experts weigh in on Adidas’ fake press release 

Inside Retail

In the wake of this, The Guardian reported that there was industrial action at the factories of some of Adidas’ suppliers in Cambodia last summer, and unions said there was a rise in targeted sackings of union leaders during the pandemic. They claim that more than 30,000 workers in eight factories that produce Adidas apparel are owed $11.7

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Why retail is already leading the way on ‘values-based capitalism’

Inside Retail

Ahead of the game Even before the Covid-19 pandemic hit its peak, retailers around the world had been making strong inroads in their environmental, social and governance (ESG) aims. Sometimes, despite the price tag, more expensive and sustainably made items can be better value than a bargain buy.

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Key Strategies for Retailers to Push Sustainability Efforts

Independent Retailer

For retailers, this transformation is being driven by consumers, with 80 percent of American shoppers reportedly considering sustainability before making a purchase. With environmental concerns continuing to dictate consumer spending habits, companies are looking to adopt more circular models of retailing.

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Sustainable Fashion: The Mystery Box

Retail Insider

Additionally, during Covid-19 the whole idea of self-gifting or treating yourself to something nice underwent a pivotal change so that it stopped being something consumers had to justify to themselves or only do at birthdays and became an accepted way to lift the spirits and improve mental health.

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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]