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Boohoo doubles its market share in the UK and US

365 Retail

Online fashion giant Boohoo has revealed it doubled its market share in the UK and US since the start of the pandemic but profits plunged following heavy investment during the year. million in the six months to the end of August compared with a year earlier, but pre-tax profits dropped 64% to £24.6 Sales rose 20% to £975.9

Marketing 117
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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. The trade-off is long shipping times, another thing Wish is working hard to improve.

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Shoe Zone returns to profit

365 Retail

We aim to increase drop ship partners, market places, exclusive products, brands and plan to introduce additional payment and delivery options to enhance customer experience.”. The post Shoe Zone returns to profit appeared first on 365 RETAIL | Retail News. Shares in the company rose by 18.6% to 140p in early trading.

Returns 73
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Interview: How Wish aims to compete with rivals Shein and Temu

Retail Gazette

Wish was once the big new disruptor on the retail scene, offering pretty much everything, from the latest fashion trends and pet accessories to household gadgets you weren’t aware existed but you now can’t live without. When it launched in 2010, Wish.com was the only manufacturer-direct discount shopping app on the market.

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‘Gen Z wants to see change’: Princess Polly’s journey towards diversity and inclusion

Inside Retail

Last year, Gen Z fashion retailer Princess Polly made headlines with its fellow A.K.A. We’ve made some pretty big waves in Australia and the online fashion space. We have exclusive fashion inspired by the most up-to-date trends and we have an army of influencer advocates. What do you think makes Princess Polly stand out?

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‘Online has a long way to go’: MyDeal CEO talks expansion plans

Inside Retail

Following a successful public listing in the early days of the pandemic, and a recent rebrand to cater to a new and younger audience, online marketplace MyDeal has delivered strong growth during a period when online spend was under pressure from a return to physical retail. per cent in November and 6.1

Planning 130
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Maintaining and further enhancing the brand’s industry-leading customer experience through existing feedback channels that offer free returns, quick delivery, and bi-weekly product drops will be integral to amplifying online retail. We aim to ensure our community feels supported and satisfied through the whole process.

Planning 264