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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

Fast fashion, or making and selling cheap clothes with a short lifespan, is “highly unsustainable”, the Commission said in July. Precise data on the growth of clothing waste is scarce but collection for recycling and reuse increased gradually in several European countries from around 2010, a 2021 EU report said.

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Vestiaire Collective’s fast-fashion ban: clever or counterproductive?

Inside Retail

Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.

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Fast fashion retailers crank up fees to deter repeat online returners

Retail Gazette

A host of major fast fashion players, including Zara and Asos, are cracking down on serial returners who shop online by reducing promoted items or introducing fees for items sent back. In the past, consumers have been used to ordering numerous different sizes and colours of the same product before making their final choice.

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PrettyLittleThing promotes execs to share CEO responsibilities

Retail Gazette

PrettyLittleThing has promoted two of its executives who will now both share the responsibilities of CEO following Umar Kamani’s departure in April. The shakeup to the leadership team sees commercial director Tom Binns promoted to chief operating officer.

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Dropshipping: Fashion’s favourite fulfilment method?

Inside Retail

Digital concessions have become a popular model for fashion marketplaces in particular since Covid. The model gives suppliers more control over pricing and promotion. There’s no need to invest in extra staff, marketing or promotions. This is why dropship marketplaces are becoming more attractive.

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H&M To Sell Second-Hand Clothes at London Store

Retail Wire

H&M is set to introduce second-hand clothing and accessories at its flagship store in London starting October 5, in response to growing pressure on fast fashion companies to address environmental concerns by promoting garment reuse and recycling.

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Forever 21 Continues U.S. Expansion with Plans for 14 New Locations

Retail TouchPoints

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. Forever 21 plans to celebrate each new store with a grand opening featuring special promotions, giveaways, gifts with purchase and food. through June 2023. Forever 21 started to unveil its new U.S.

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