Retail TouchPoints
JANUARY 31, 2024
Zulily Group has engaged the advisory firm Gordon Brothers to sell off more than $85 million of inventory and the assets of its two fulfillment centers following the online retailer’s decision late last year to shut down. Screenshot of the Zulily website from December 2023 highlighting the going-out-of-business sale.
Retail Gazette
MAY 7, 2024
The German fashion giant said adjusted EBIT rose to £24.3m (€28.3m) in the three months, up from a loss of £600,000 (€700,000) for the same period last year. It noted the “substantial improvement” in profitability was driven by lower fulfilment costs and successful inventory management, which contributed to a 1.3%
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Retail TouchPoints
FEBRUARY 7, 2024
The retailer also has signed leases for planned new stores in four locations: Potomac Mills in Woodbridge, Va.; The new retail stores will total more than 128,000 square feet of retail selling space, offering the latest fashion trends and essentials as well as homewares and beauty items. Mall at Prince George’s in Hyattsville, Md.;
365 Retail
MAY 23, 2022
Secret Sales has launched a fulfilment service to support brands requiring a UK distribution centre, solving logistics challenges for those wanting to partner with the fashion marketplace but geographical location or technical infrastructure prevent them from fulfilling orders directly to consumers in the UK.
Inside Retail
DECEMBER 13, 2023
Tech start-up Inkse had its launch this month with a mission to revolutionise the way Australian creatives approach fashion design and production. We all know those great Aussies fashion start-up stories, those household names who cut their teeth in the city markets,” John said. It’s our burning belief that fashion can be done better.
Retail TouchPoints
AUGUST 17, 2022
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.
Retail TouchPoints
MAY 30, 2022
In trying to accommodate all customer demands while simultaneously fighting for market share in a rapidly expanding and competitive fashion industry, retailers are relaxing their return policies. It is the rising epidemic in the fashion industry that we need to keep a close eye on. Are Customers Getting Too Comfortable With Returns?
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