Inside Retail
APRIL 26, 2024
This week, France announced legislation to “limit the excesses of ultra-fast fashion”. Not the risk your mortgage payment kind of addiction – more the ‘I shop because it makes me feel good’ kind. It’s not just designer fashion that’s doing a roaring trade in resale. Full disclosure, I have a bit of a shopping addiction.
Inside Retail
OCTOBER 19, 2022
Valued at US$100 billion ($150 billion) , fast fashion brand Shein is in hot water after a recent Channel 4 documentary hosted by British journalist Iman Amrani, Inside The Shein Machine , lifted the veil of secrecy behind the corporation’s operations in China. for fashion brands and be transformative for workers.?.
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Inside Retail
MARCH 8, 2023
Retailers, brands and marketers must realise that it is no longer a race for total digitisation or to reach the last-mile purchaser, but rather a race for complete agility in this volatile climate.” One example of this in the world of fashion is the transition from live streaming to augmented reality shopping.
Retail TouchPoints
FEBRUARY 7, 2023
But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. Will Luxury’s Biggest Market Rebound?
365 Retail
NOVEMBER 8, 2022
Whilst buy now pay later has raised concern in recent years, the online trend allowing customers to split their payments into interest-free instalments continues to surge. . In recent weeks, BNPL was further criticized after Klarna partnered with fast-food delivery app, Deliveroo, allowing customers to ‘eat now, pay later.’ .
Inside Retail
SEPTEMBER 13, 2022
Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.
Inside Retail
MAY 12, 2021
In the US, jewellery sales saw a 106 per cent increase year on year in March which reflects the impact of stimulus payments and the reopening of the economy, according to Mastercard’s SpendingPulse report. Where fast fashion has been such a ‘go-to’ for ‘treat yourself’ spending, the longevity of such pieces weighs on spenders today.
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