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As France weighs fast-fashion ban, is the circular economy the future of retail?

Inside Retail

This week, France announced legislation to “limit the excesses of ultra-fast fashion”. With fast fashion off the table for many, shoppers – and retail brands – are getting creative like locally owned, fashion re-sell business, a new favourite of mine, Love it Longer, on leafy Rathdowne Street in Carlton North, Victoria.

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ThredUP Forges Ahead with its War on Fast Fashion Amid Cost-Cutting Initiatives

Retail TouchPoints

Resale platform ThredUP has debuted a new, light-hearted marketing ploy in its ongoing battle against “fast fashion addiction,” mere days after announcing it was joining the ranks of tech companies cutting staff amid an economic slowdown. A Fast Fashion Confessional to Help Gen Z. Strong Q2 Masks Impending Slowdown.

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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. It did not respond to a request for comment on the suggestion it needed to do more.

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With SHEIN Exchange Launch, Retailer Uses Resale to Mend its Wasteful Fast Fashion Ways

Retail TouchPoints

Additionally, it’s likely SHEIN was looking for a sustainability-focused facelift ahead of a planned U.S. with plans to expand it globally next year. This pilot version is part of SHEIN’s larger commitment to address the ongoing issues of textile waste and build a more circular fashion industry.

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Uniqlo’s 2024 Plans: 20+ New Stores in North America

Retail TouchPoints

and Canada in 2024, including debuts in new markets for the fast fashion retailer. In May 2023 , Uniqlo, which opened its first North American location in 2005, revealed its plans to reach 200 North American locations by 2027. Uniqlo will open more than 20 stores in the U.S. Tacoma Mall, Tacoma, Wash.

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Shein London IPO: Chancellor urges fast fashion boss to purse mammoth float

Retail Gazette

Shein is considering changing its initial public offering to London as it’s hit with obstacles to its planned New York IPO. Jeremy Hunt held talks with the boss of fast fashion giant in a bid to persuade the business to commit to what would be one of London’s biggest corporate flotations, Sky News reports.

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SHEIN Under Congressional Spotlight for IPO Plans

Retail Wire

Fast-fashion brand SHEIN's confidential filing to go public has drawn the attention of lawmakers.