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Analysis: a perfect retail storm is brewing

Inside Retail

We predict retailers in the fast-fashion apparel and footwear sectors within consumer discretionary goods could face significant headwinds over the next few months. With increased wage costs, lack of manpower, and continued investment in digital platforms and data infrastructure with the growth in online shopping, retailers must act.

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Zara owner Inditex eyes UK expansion of budget label Lefties

Retail Gazette

The budget label is understood to be targeting 30,000sq ft flagship units in shopping centres, Drapers reported. Inditex has been increasing investment behind its Lefties brand for the last couple of years in a bid to compete with its rapidly growing fast fashion rivals such as Shein.

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Why LVMH outperformed H&M amid a cost-of-living crisis

Inside Retail

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent.