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New Fast Fashion Powerhouse: Shein Teams Up with Forever 21

Retail TouchPoints

The deal may eventually include Shein shop-in-shops at some of Forever 21’s 540 brick-and-mortar stores, which are heavily concentrated in malls, as well as offering consumers the ability to return Shein items at Forever 21 locations.

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Primark to Quadruple U.S. Store Count in Next 5 Years, Appoints New U.S. President

Retail TouchPoints

Ireland-based fast fashion retailer Primark is continuing its steady expansion in the U.S., with plans for three new stores in the New York region next year and a total of approximately 60 stores set to open within the next five years. store six years ago in Boston. The retailer opened its first U.S.

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7 Stories that Shaped 2023 — and What They Foretell for 2024

Retail TouchPoints

Resale Continued its Rise but Came Under Financial Scrutiny Consumers’ enthusiasm for secondhand goods, as well as other forms of more sustainable consumption like rental and repair services, showed no sign of slowing in 2023. But negative press didn’t stop either app from drawing U.S.

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H&M to Shutter 250 Stores in 2021

Retail TouchPoints

Fast-fashion retailer H& M announced plans to close approximately 250 stores next year as it seeks to step up the pace of its transformation via digital investments, store portfolio optimization and increasingly integrated channels. H&M has not yet identified which stores will be shuttered.

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Smaller Spaces, Bigger Tech and Optimized CX

Retail TouchPoints

Controlling traffic volume and giving the perception of control and exclusivity to the consumer is one way to make the most out of each square inch. Appointments for high-end fashion brand shopping have been a long-time standard, but they’ve begun to trickle down to fast fashion brands like H&M and Zara too.

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What’s the Future for Stores on the UK High Street?

Retail TouchPoints

Following the purchase of multinational retailer Debenhams by British fast-fashion giants, Boohoo, Debenhams is expected to continue as an online-only operation, resulting in the loss of up to 12,000 jobs. Due to the structural nature of ecommerce, online shops remained open as usual during the coronavirus pandemic.

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Retail appointments of the week

Inside Retail

He was the driving force behind the creation of Lovisa in 2010 and has since then grown the business to over 550 stores, operating across 20 countries, employing over 3,000 team members and with a market capitalisation of circa $2 billion,” said Blundy. Asos CEO, chairman step down. The e-commerce behemoth was fined a record $2.75