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Next Phase of Wish Turnaround to Focus on Reducing Shipping Costs

Retail TouchPoints

As discount shopping app Wish continues its comeback effort , parent company ContextLogic outlined its plans for 2023 at a summit for its merchants — including a major overhaul of the platform’s shipment pricing structure in order to bring down shipping costs for customers.

Shipping 306
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StockX COO on the importance of fast shipping to improve CX, drive growth

Inside Retail

As the resale market continues to grow, leading fashion and sneaker reseller StockX is taking steps to improve the process of buying and selling authenticated, pre-owned products online. Last week, the Detroit-based company launched Xpress Ship, a new feature that shortens the shipping time for verified items to three business days.

Shipping 130
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Chinese fashion retailer Shein revives plan for New York listing

Inside Retail

Chinese fashion retailer Shein is reviving plans to list in New York this year and its founder is considering a citizenship change to bypass proposed tougher rules for offshore IPOs in China, two people familiar with the matter said. Both sources declined to be named as the plans are confidential. The US is its biggest market.

Fashion 130
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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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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

Cargo Crew specialises in custom-made uniforms designed for hospitality, retail, corporate and a range of other brands, and stands out in a competitive field by fusing fashion with functionality. Felicity Rodgers told Inside Retail that Cargo Crew developed out of a fashion label she co-created straight from university.

Planning 246
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Here’s why discount luxury business Azura Fashion Group is going circular

Inside Retail

Australian fashion tech business Azura Fashion Group is banking on the booming circular economy for growth. Azura Fashion Group was born out of the uproar caused by Burberry’s revelation in 2018 that it had destroyed millions of dollars worth of excess stock, rather than sell it at a discounted price, to protect its brand image.

Fashion 246
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Taiwan’s answer to The RealReal: Behind PopChill’s global expansion plans

Inside Retail

In a move that underscores the burgeoning potential of the Asian luxury market, Taiwan-based second-hand luxury site PopChill has secured US$1.9 With monthly gross merchandise volume (GMV) exceeding US$1 million in Taiwan alone, the platform plans to export its success by addressing specific pain points in online luxury transactions.

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