Inside Retail

OCTOBER 20, 2022

Asos, the one-time British poster child for the shift to online fashion retailing, will overhaul its business model after the economic crunch and a string of operational problems hammered its profits. The perennial problem of managing customer returns has also weighed on the business. ” Shares in Asos were up 8.8

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Fast Fashion Returns Fashion Planning 130

Retail Gazette

DECEMBER 29, 2023

In The Style CEO Adam Frisby has stepped down from the fast fashion firm he founded 10 years ago. ” The founder, who set up In The Style in his bedroom and grew it to a business that floated at more than £100m, revealed that executive Ben Armstrong would replace him as managing director.

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Fast Fashion Fashion Returns Management 62

Inside Retail

APRIL 28, 2021

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. Fast fashion, but slow deliveries. Inclusive fashion.

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Fast Fashion Fashion Target Market Consumer 162

Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Take for example Ingka Group , a strategic partner in the IKEA franchisee system, which acquired approximately 60,000 acres of forestland in Oklahoma and Texas to boost its responsible forest management.

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Fast Fashion Fashion Markdowns Consumer 337

Inside Retail

APRIL 12, 2021

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . A number of different products and tools are used to return them to as close to new condition as possible, according to Nike.

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Fast Fashion Fashion Returns Consumer 264

Inside Retail

JUNE 7, 2022

“We knew that the key was technology to support the supply chain, so from day one, we’ve invested heavily in building proprietary technology that’s simple, fast and reliable,” he told Inside Retail. For retailers offering custom options, returns are also less than 2 per cent, compared with over 30 per cent at traditional brands.

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Apparel Fast Fashion Fashion Finance 243

Inside Retail

NOVEMBER 30, 2022

While Chadstone was not yet ready to provide data, its centre manager Daniel Boyle told Inside Retail that Black Friday has continued to increase in popularity and productivity over the years. It did so to raise awareness around waste, and over-consumerism caused by the rampant fast-fashion industry.

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Fast Fashion Shopping Accessories Consumer 246

Retail Gazette

JUNE 26, 2023

Rugarli, who currently serves as a board member at Prada Group, will chair the fast fashion retailer’s of the ESG Committee. The fashion giant said its adjusted earnings before interest and tax rose by more than £20m on year in the three months ended May 31.

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Fast Fashion Fashion Apparel Returns 62

A1 Retail

JANUARY 17, 2023

The national retailer has seen a growing trend of customers looking for more immersive shopping experiences when making considered purchases – something managing director Anna Blackburn expects will continue into 2023 and beyond. We look forward to welcoming more customers in 2023.”.

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Fast Fashion Shopping Fashion Returns 98

Retail TouchPoints

FEBRUARY 7, 2023

“Higher-income consumers are less impacted by inflation and, while aware of higher food, home and transportation costs, still have the funds to drive luxury sales and luxury growth,” said Marie Driscoll, Managing Director, Luxury and Retail at Coresight Research in an interview with Retail TouchPoints. Will Luxury’s Biggest Market Rebound?

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Payment Services Consumer Marketing Fast Fashion 283

Retail Insider

SEPTEMBER 20, 2021

The scale of the fast fashion phenomena is driven by the young – the perceived conservatism of the older generation on renting is balanced out by the higher likelihood of them hanging on to clothes for much longer or repairing damaged items rather than re-buying. But this is only half the story.

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Fashion Fast Fashion Accessories Shopping 98

Inside Retail

FEBRUARY 27, 2023

In Spain’s A Coruna, two contrasting fashion business models collide – pitching the growing demands for the clothing industry to become more sustainable against the constant need to drive sales. They don’t add new products mid-season and they charge online shoppers for returns to encourage conscientious shopping.

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Fashion ATS Boutique Fast Fashion 130

Inside Retail

JUNE 7, 2021

Amazon Australia today announced the launch of Amazon Warehouse, a new storefront on the country’s Amazon site, which offers pre-owned and open box items that include a wide range of items, including fashion, electronics, accessories, toys, music, books and more. The future of secondhand fashion.

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Fashion Fast Fashion Marketing Accessories 246

Inside Retail

MARCH 21, 2023

Like memes, Crocs have changed and returned through nostalgic affectation. In the United Kingdom, Crocs paired with fast-fashion retailer Primark and high-street bakery Greggs to create ugly, fur-lined, black $11.03 Crocs are, in a sense, wearable memes for Gen Z. Crocs with Greggs’ logo.

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Fashion Fast Fashion Returns ATS 130

Retail TouchPoints

JULY 20, 2020

By optimizing excess inventory management and partnering with off-price retailers, companies can distribute leftover products through a simplified process that creates additional revenue and reduces harmful waste — a proven win-win recipe for brand growth, customer loyalty and sustained success.

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Inventory Management Apparel Fashion Specialty Store 149

Inside Retail

JUNE 9, 2021

But Canningvale’s managing director of the past six years, Jordan Prainito, who spent time in Singapore as a university student, believes there’s still an appetite for Robinsons as it was originally intended – a value department store, rather than a luxury player, as Al Futtaim envisioned. Returning to its roots.

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Planning Department Stores Fast Fashion Fulfillment 147

A1 Retail

JANUARY 27, 2022

Shoppers are also unhappy with fast fashion and the disposable nature of products (19 percent) and the increasingly common practice of making excessive returns due to wrong or unneeded purchases (18 percent). The survey also indicates that brands are falling short when it comes to transparency and messaging.

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Consumer Shopping Fast Fashion Returns 75

Inside Retail

FEBRUARY 16, 2022

“Everyone is now realising there are alternatives to fast fashion and through brands like InStitchu you can purchase tailored clothing for the same price as off-the-rack mass-produced garments – less clutter for the customer, less waste for brands, and less impact on the environment,” Wakefield said.

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Planning Fashion Fast Fashion Customer Experience 130

A1 Retail

FEBRUARY 12, 2024

Kate Grindal, Retail Manager, Cadw said “Great to see many of our existing suppliers returning this year, it’s the perfect opportunity to catch up in one day.” Richard Keel, Managing Director of Keel Toys said, “The footfall and orders across Sunday and Monday have been really good, we have opened a high number of new accounts.

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Fashion Returns Accounting Management 59

Inside Retail

FEBRUARY 14, 2023

On the same theme, the growth at the Shinjuku and Osaka units is in no small part thanks to the return of overseas visitors: these stores derive as much as 20 per cent of their sales from tax-free sales to tourists, so international travel normalisation is key to their fortunes.

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Department Stores Specialty Store Fast Fashion Jewelry 130

Retail Gazette

NOVEMBER 1, 2023

Asos chief executive José Antonio Ramos Calamonte is confident his turnaround plan will see the struggling fashion giant return to profitability in 2025 – despite, it plunging to an almost £300m full-year loss. He plans to do this by a shift “back to fashion” But what exactly does this entail?

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Fashion Planning Fast Fashion Returns 62

Independent Retailer

NOVEMBER 8, 2022

Over in the UK, Tesco has pledged to be carbon neutral by 2035, and since 2015, the retailer has managed to reduce scope 1 and 2 emissions by 52 percent. This is likely a legacy of the 1970s and 80s, when low-quality and expensive environmental products failed on the market and early socially responsible investments produced low returns.

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Fashion Fast Fashion Boutique Returns 75

Retail Gazette

DECEMBER 21, 2023

It’s clear there is still much for John Lewis Partnership to do in order to return to former glories, with or without White at the helm. The Co-op managing director Matt Hood said that crime levels had jumped 35% at the convenience chain during the first half of the year, with almost 1,000 incidents every day.

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Grocer Department Stores Fashion Planning 113

CJ Retail Solutions

SEPTEMBER 15, 2021

However, the biggest shock of all came in 2020, when Arcadia (the umbrella company covering Topshop, Topman, Wallis, Burton and Evans), went into administration along with many others, including Intu, manager of Manchester’s Trafford Centre and Lakeside in Essex. . Looking forward.

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Fast Fashion Checkout Shopping Marketing 52

Independent Retailer

OCTOBER 5, 2021

Managing Peak Season Surcharges. Other ways to keep shipping costs down for consumers is to offer hybrid models such as BOPIS (buy online, pick-up in-store), curbside pickup, and BORIS (buy online, return in-store.) 82% of respondents say a positive in-location experience makes them more likely to return to a physical establishment.

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Shipping Payment Services Apparel Beauty and Health 52

Indigo 9 Digital

JULY 24, 2023

If you return an item before you even have think about it you receive an email saying your refund has been processed. Many consumers say they want to buy sustainably sourced clothing but fast fashion retailers like Zara and H&M are among the largest clothing retailers in the world. What does it mean to be consistent?

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Customer Retention Drop-Shipping Consumer Fast Fashion 52

Retail Gazette

OCTOBER 19, 2023

Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. The retail giant will hold a 97% stake, while current management will maintain a 3% hold in the business. takeover deal in September. The retail giant has helped to boost Reiss’ performance.

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Fashion Fast Fashion Planning Boutique 62

Inside Retail

OCTOBER 30, 2023

Our desire to return to the sportswear industry made sense under these brand values, and we are already finding that it resonates across multiple sporting codes, athletes, and organisations. Unfortunately, many garments claim compression but don’t have anywhere near the power and support to actually elevate blood return.

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Apparel Fast Fashion Planning Returns 264

Retail Focus

DECEMBER 8, 2021

As shoppers return to malls and high streets, this trend shows no signs of abating, as retailers look to provide unique, interactive and frictionless experiences that tie in with digital offerings. Supermarkets, for example, are targeting promotions based on different areas of their stores or using screens to manage queues.

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Kiosk Fast Fashion Promotions Returns 208

Inside Retail

FEBRUARY 22, 2023

Yet consumer demand is not wavering and fashion trend cycles are shorter than ever due to social media, fast fashion, and technology. With such a steep increase coming, a need has opened up for management tools such as Resale-as-a-service. Mass-market brands are also investing in take-back schemes.

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Fashion Apparel Fast Fashion Advertising 147

Retail TouchPoints

APRIL 8, 2021

Put value together with something that actually addresses your values and you have an incredible overlap ,” said Andy Ruben, Founder and CEO of Trove , which manages resale programs for brands such as Patagonia , Levi’s and Eileen Fisher. ‘The Fastest-Growing Channel in Retail’. “ REI , for example. The Recommerce Flywheel.

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Consumer Fashion Apparel Returns 348

365 Retail

OCTOBER 1, 2022

An unhealthy cycle of returns . Between 2014 and 2019, e-commerce returns rose 95% , and in the UK, it is expected to rise by almost another 30% by next year, driven mainly by clothing and footwear returns. Many consumers were horrified to hear about unworn, returned items being sent straight to the dump.

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Supply Chain Management Returns Fast Fashion Checkout 70

Inside Retail

NOVEMBER 23, 2022

This includes a change in product lifecycle management processes – from sourcing, development and waste management to packaging and fulfilment. They improve the integration of the sales chain with the production and product lifecycle management (PLM) process.

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Apparel Fashion Consumer Fast Fashion 130

365 Retail

DECEMBER 8, 2021

As shoppers return to malls and high streets, this trend shows no signs of abating, as retailers look to provide unique, interactive and frictionless experiences that tie in with digital offerings. Supermarkets, for example, are targeting promotions based on different areas of their stores or using screens to manage queues.

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Kiosk Fast Fashion Promotions Returns 94

Retail Geek

JANUARY 12, 2024

Yes Shopify is acquired No An innovation in e-commerce powered by ai (gpt4) surprises us by how fast it’s adopted and how cool it is. E-com returns 10-15% growth rates. Bonus: Live-steaming, MetaVerse, Crypto still not a major thing in e-commerce; Management stops blaming performance on retail crime; and Smaller RMN’s fail.

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Drop-Shipping Apparel Shipping Fast Fashion 59

Inside Retail

APRIL 27, 2022

On the one hand, they are trend-focused hyper-consumerists driving the success of fast-fashion giants, looking for cheap, cheery gear that’s light on the wallet. If you manage to capture their fleeting attention and convert that to purchase, there is no guarantee that they will stay loyal.

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Thrift Store Fashion Drop-Shipping Consumer 130

Inside Retail

SEPTEMBER 4, 2022

However, the birth of fast fashion and the rise of the millennials soon pushed Esprit out of the game – and the Hang Seng Index – in 2013, sparking a continuing downward spiral for the years to come. These brands bring with them strong digital marketing and partnership initiatives.

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Fast Fashion Fashion Marketing Boutique 130