Retail TouchPoints

OCTOBER 31, 2023

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. fast fashion brand Forever 21 ; those two brands recently announced plans for a co-branded line of men’s and women’s apparel that will be sold exclusively on Shein.

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Inside Retail

MARCH 9, 2023

Online fast-fashion retailer Shein and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. If Temu loses, Temu could be forced to curtail what so far has been a key marketing strategy. Shein said it does not currently have plans for an IPO and declined to comment further.

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Marketing Fast Fashion Drop-Shipping Jewelry 130

Retail TouchPoints

NOVEMBER 12, 2021

Ireland-based fast fashion retailer Primark is continuing its steady expansion in the U.S., with plans for three new stores in the New York region next year and a total of approximately 60 stores set to open within the next five years. market,” said Paul Marchant, CEO of Primark in a statement.

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Retail Gazette

NOVEMBER 19, 2023

The site will be the fast fashion company’s second in the UK. Positions are believed to be focussed on clothing buyers and designers for the UK and European market. It has a London office, which employs roughly 40 workers. The retailer already sources some of its clothing from Leicester and Manchester.

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Fast Fashion Planning Fashion Marketing 116

Retail TouchPoints

MAY 17, 2022

secondhand market is projected to double in the next five years, reaching $82 billion by 2026, according to ThredUP ’s 10 th annual Resale Report , conducted in partnership with GlobalData. A whopping 81% of first-time thrifters said they plan to spend the same amount or more on secondhand in the next five years.

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Apparel Fast Fashion Fashion Consumer 302

Retail TouchPoints

MARCH 15, 2022

So it will come as no surprise that even after growing a staggering 42% in 2021, the influencer market is expected continue that trajectory in 2022 reaching $15 billion by the end of the year, according to projections from influencer marketplace Collabstr. TikTok is catching up though, capturing 46% of influencer marketing spend last year.

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Marketing Advertising Consumer Marketing Spend 272

Retail TouchPoints

MAY 26, 2021

Fast fashion retailer Windsor Fashions is planning to open 150 new stores over the next two years, adding to its current fleet of 230 locations across 42 states in the U.S. The retailer refers to its model as a “Nationalized Boutique,” with each store featuring its own assortment unique to its market.

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Fashion Location Returns Fast Fashion 279

Inside Retail

MAY 15, 2023

To what extent can fast fashion brands make inroads in their sustainable practices and reduce their textile waste without fundamentally changing their business and operating model? This further fuel[s] their hyper-fast fashion model.”

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Fast Fashion Fashion Consumer Management 237

Retail TouchPoints

MAY 4, 2023

thanks to on-trend discount offerings enabled by its real-time fast fashion model. Shein tested the marketplace waters first in Brazil, beginning last month, and now plans to launch it in the U.S. before rolling out to other global markets. Shein has enjoyed a meteoric rise in the U.S. Shein still holds the No.

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Fast Fashion Fashion Apparel Shipping 288

Inside Retail

MAY 8, 2024

Today, the US is its largest market. Here, we speak with Wolf & Badger co-founder and CEO George Graham about his plans to continue driving global retail growth. Meanwhile, we are also seeing a rise in ultra-fast fashion and its increasingly negative impact on people and the planet.

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Inside Retail

OCTOBER 30, 2023

Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Frasers also owns the “I Saw it First” and “Missy Empire” brands in women’s online fashion.

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Fast Fashion Fashion Marketing Planning 264

Inside Retail

AUGUST 31, 2023

Last year’s must-have dress, yesterday’s flares and countless other Western castoffs are strangling the Global South, prompting calls for fast fashion to pay the price for rampant overproduction. Noi said the market generates at least 100 tonnes of fabric waste daily, while city trash trucks can only carry 30 tonnes.

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Fast Fashion Fashion Shipping Marketing 130

Retail Wire

MARCH 11, 2022

Fast-fashion chain Primark has no plans to enable online ordering with delivery. The chain plans to launch a new website in the UK and 13 other markets by the end of the month. It may, however add a buy online and pickup in-store service in response to changes in consumer shopping behavior.

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Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Eventually, Prainito plans to roll out exclusive ranges and collections with key brands and suppliers. .

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Planning Department Stores Fast Fashion Fulfillment 147

Retail Gazette

JANUARY 28, 2024

of the UK’s £60.3bn clothes market while Zara sits at 2.4%, the research firm reported. Shein officially became the largest fashion retailer in the world in 2022, despite facing accusations of labour law violations and design theft. In November, Shein announced plans to open a new office in Manchester as it targeted UK expansion.

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Fast Fashion Fashion Planning Marketing 88

Inside Retail

JUNE 28, 2023

Fast fashion has normalised using garments for short periods of time, and throwing them away when trends change, driving an unsustainable pattern of overproduction and overconsumption. It envisions that fast fashion will be out of fashion, and that economically profitable re-use and repair services will be widely available.

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Fashion Fast Fashion Returns Management 245

Inside Retail

NOVEMBER 1, 2022

Fast fashion retailer Shein is set to open its first permanent store in the world – in Japan’s capital Tokyo. The store, located in the bustling fashion precinct of Harajuku, will open on November 13. Shein’s first brick-and-mortar store will display items and styling that caters to the Japanese market.

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Retail TouchPoints

OCTOBER 20, 2022

Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts to reduce or offset their carbon footprints. Entering the Market of Eco-Friendly Clothing Manufacturers, Designers and Sellers. Green goals are a moving target.

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Fashion Fast Fashion Apparel Consumer 279

Inside Retail

SEPTEMBER 16, 2021

Online fashion retailer Asos set out plans to cut its environmental impact and improve worker rights on Thursday, tying its success in cutting waste and carbon levels to future management pay. Asos sells over 85,000 products in 200 markets.

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Fast Fashion Fashion Planning Management 130

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. Something has to be said about a first mover advantage, it makes things easier.

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Fast Fashion Fashion Apparel Department Stores 98

Retail TouchPoints

JUNE 22, 2023

While Urban Outfitters ’ assortment is designed for consumers in their teens and early 20s, Anthropologie provides a destination for consumers’ “next generation of life,” when they’re starting careers and families, according to Chief Marketing Officer Elizabeth Preis.

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Visual Merchandising Consumer Specialty Store Fast Fashion 260

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 63

Retail Gazette

NOVEMBER 28, 2023

Shein is understood to be preparing for a stock market float in the US. The Chinese fast-fashion giant has filed “confidential paperwork” paperwork with the US securities regulator according to two people familiar with the matter, the Financial Times reports.

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Fast Fashion Fashion Planning Marketing 52

Retail Gazette

AUGUST 25, 2023

Shein has formed a strategic partnership with the Forever 21 parent SPARC group as both parties look to boost their market reach. The deal sees the Chinese-based fashion retailer take a one-third interest in SPARC group, a joint venture between Authentic Brands Group and Simon Property Group.

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Fast Fashion Fashion Accessories Planning 98

Retail Gazette

SEPTEMBER 18, 2023

The fast fashion retail giant posted a pre-tax profit of £12.2m Its UK business had 14 employees during the period, the majority of whom worked in marketing. Shein plans to grow its UK presence earlier this year, announcing that it would open 30 new pop-ups across the region.

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Inside Retail

JUNE 1, 2022

Frasers Group has bought fast-fashion business Missguided and plans to set it up as a standalone business within the group. According to Retail Gazette, Frasers Group will pay £20 million to buy the collapsed omnichannel retailer out of administration after beating a competitive bid from online fashion retailer Boohoo.

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Fast Fashion Fashion Returns Planning 130

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. A race to the bottom. Will it change? appeared first on Inside Retail.

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Payment Services Fast Fashion Fashion Accounting 130

Inside Retail

DECEMBER 13, 2023

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. Inkse is built to give power back to creatives that want to break into fashion design whatever their capabilities,” he added. “It

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Fashion Fast Fashion Boutique Fulfillment 130

Retail Gazette

OCTOBER 25, 2023

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The latest swoop into Asos shares come as the fast fashion retailer announced on Wednesday that it had pushed back the publication of its full-year results by a week to complete audit procedures.

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Fast Fashion Fashion Planning Marketing 110

Inside Retail

APRIL 14, 2022

Fast Retailing < is a bellwether for how major global retailers are being impacted by Covid-related shutdowns in China, one of the biggest growth markets for many Western brands. Fast Retailing has more Uniqlo stores in China than in its home market of Japan.

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Drop-Shipping Fast Fashion Shipping Fashion 130

Retail TouchPoints

JUNE 30, 2021

That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025. Perhaps more important is the fact that of those first-time buyers, 76% said they plan to increase their spend on secondhand in the next five years.

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Fast Fashion Fashion Apparel Thrift Store 264

Inside Retail

FEBRUARY 24, 2022

In 2020, the San Francisco-based brand announced plans to close 225 stores worldwide by 2024. And last year, it started the process of closing all 81 stores in the UK and Ireland , leaving it with only a digital presence in those markets. “In But it’s not only the fashion trends that have changed since Gap’s heyday.

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Fast Fashion Fashion Apparel Department Stores 147

Retail Gazette

MARCH 6, 2024

The head office restructuring follows not just the store closure plans but the sale of The Body Shop’s loss-making businesses in much of mainland Europe and parts of Asia back in January. Sainsbury’s Last month Sainsbury’s revealed plans to cut 1,500 roles as it looks to save £1bn over the next three years.

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Fast Fashion Fulfillment Planning Fashion 103

Inside Retail

JUNE 23, 2022

Fashion comes with a whole litany of issues – from the amount of water needed to successfully grow cotton, to the rights of workers in textile factories, to the environmental impacts of discarded fast fashion. What would more sustainable fashion look like? Changing its makeup. The beauty industry has an ugly problem.

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Fast Fashion Fashion Outdoor Consumer 130

Inside Retail

MAY 18, 2022

Incredibly, the second-hand clothing sector is expected to grow faster than fast fashion in 2022 and the resale market is expected to grow 11 times faster than the broader clothing sector by 2025. We are confident there will be many more members in this group in the coming months as we progress our retail climate action plan. .

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Fast Fashion Consumer Accounting Fashion 246

Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 Announcing the results, Helmersson revealed a plan for H&M to double its group sales by 2030 as well as halving its carbon emissions. “We billion. “We

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Net Profit Fast Fashion Fashion Apparel 130

Retail TouchPoints

NOVEMBER 10, 2021

These struggles to improve manufacturing processes are most visible in the textiles industry given the “fast fashion” trend — rapidly producing large volumes of inexpensive garments designed to capitalize on style trends. Sanjay Tugnait is the Chief Market Maker and Global Managing Partner – Sustainability Practice for IBM Consulting.

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