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Uniqlo owner sees big profit drop in China due to Covid restrictions

Inside Retail

China is Fast Retailing’s biggest foreign market, with 863 stores on the mainland and almost 90 outlets in Shanghai, where stringent lockdown measures, introduced in late March, remain in place to contain the country’s worst outbreak of the pandemic. Fast Retailing has more Uniqlo stores in China than in its home market of Japan.

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Shein, Temu in fierce fight over US market for $10 dresses

Inside Retail

Online fast-fashion retailer Shein and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. Shein, originally founded in China, relies on drop-shipping directly from its extensive network of China-based suppliers.

Marketing 130
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Three roadblocks to making circular fashion work – and how to navigate them

Inside Retail

This plan aims to deliver on the commitments of the European Green Deal , the new circular economy action plan and the industrial strategy. Recently, The RealReal laid off hundreds of staff, and closed stores, consignment drop-off spaces and corporate offices , in an attempt at swift profitability.

Fashion 130
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‘More is more’: Q&A with Camilla CEO, Jane McNally

Inside Retail

In this edited podcast interview with Australian Retailers Association CEO Paul Zahra, Camilla CEO Jane McNally discusses what makes the brand so unique, its online and digital growth, and its plans to expand internationally. . First and foremost, we’re not a fast-fashion brand. And we’ve hosted remote VIP evenings.

Fashion 264
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Jason & Scot Show Episode 316 Annual Predictions 2024

Retail Geek

No Live Streaming Commerce Still not meaningful in US in 2023 (less than 5% of social commerce in US) Yes Jason Total Score: 3 of 5 Scot : Amazon uses this 2022 setback/slowdown/reversion to the mean for a public resetting of expectations, but behind the scenes they take share and raise the bar on shipping. Scot: [28:09] Yeah.

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Jason & Scot Show Episode 303 Amazon, Walmart and E-com Q4 Results

Retail Geek

You’re gonna end up making some ill-advised purchases and then it seems like everything drop ships from factories. post so they if you remember back in the day wish was like very slow shipping like to 26 weeks. on a Friday night you’re. In China via u.s. Going on a SAS diet right now. OneNote Drive.

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Jason & Scot Show Episode 297 -GroceryShop 2022 and news

Retail Geek

Scot: [44:09] Yeah yeah maybe so you should be that you would do all this planning and you’d have everything lined up and the merchandise ready to go I think now they’re just like let’s have a sale and whatever inventory shows up off the containers will sell that. Jason: [50:42] Yeah and so the.