Inside Retail

MAY 30, 2023

Jose Antonio Ramos Calamonte, Asos’ CEO, has said he is confident the company will be able to return to sustainable profit and cash generation in the second half of this year and beyond. The post As spending dips, can fashion rentals help Asos return to profit? appeared first on Inside Retail.

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Retail TouchPoints

JUNE 28, 2022

retail segment; the National Retail Federation (NRF) found the value of merchandise returned by consumers last year topped nearly $750 trillion. There is clearly a mounting and significant return waste problem. So why aren’t merchants processing these returns in efforts to recoup these massive losses? Take the U.S.

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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 velocity of our business has increased substantially since the first of the year,” said Leon Zekaria, CEO of Windsor in a statement.

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Retail Dive

SEPTEMBER 20, 2023

The fast-fashion retailer has begun charging customers in the U.S., and most of Europe, unless they belong to its free loyalty program.

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Fast Fashion Returns Fashion 124

Retail TouchPoints

FEBRUARY 6, 2024

Inside H&M ’s new store in NYC’s SoHo neighborhood, the fast fashion retailer has nested a shop-in-shop featuring curated secondhand pieces — the brand’s first resale location in North America. To celebrate the debut, beginning Feb.

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Retail TouchPoints

SEPTEMBER 8, 2023

Just in time for New York Fashion Week, the iconic, now defunct luxury department store Barneys New York has made its return to fashion, albeit not in a way that many of the brand’s devotees would have imagined. Fast fashion retailer Forever 21 has released a limited-edition collection featuring the Barneys brand.

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Inside Retail

FEBRUARY 21, 2024

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid transit times, more than ten industry sources said. TikTok Shop did not return messages seeking comment. Apple declined to comment.

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Retail Gazette

FEBRUARY 12, 2024

The former Arcadia brands and Debenhams, which were snapped up by Boohoo in 2021, have narrowed its losses after two years under the fast fashion group’s ownership. Women’s fashion retailer Wallis was the only brand to return to profitability, posting a pre-tax profit of £1.2m, up from a loss of £4m.

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Retail TouchPoints

JANUARY 24, 2024

This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. A Tailored Retail Experience In the era of mass production and fast fashion, personalization has become a key element in attracting and retaining visitors.

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Retail TouchPoints

JUNE 9, 2023

When delivering goods, luxury retailers can also reduce their carbon footprint by offering BORIS, BOPIS and BOSS (buy online, return in-store, buy online, pick up in-store, and buy online, ship to store) options. There is also a significant intersection of sustainability with customer preference data.

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Retail Times

DECEMBER 20, 2021

Alteri’s investment, comprising both debt and the acquisition of 50% of the group’s equity, will provide the business with the liquidity and support it needs to overcome short-term supply chain challenges, as well as a platform to return the business to sustainable profitability.

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Retail TouchPoints

OCTOBER 12, 2022

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. through June 2023. Forever 21 started to unveil its new U.S. stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif.

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Inside Retail

AUGUST 28, 2022

The rest can be returned to the sender or recycled responsibly. This raises another question: with the resale market booming, is hyper-consumerism associated with fast fashion shifting to preloved fashion? Fast (preloved) fashion. Is that a concern? Maybe, but it’s not a simple question.

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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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Retail Dive

OCTOBER 1, 2022

The active brand is planning more stores down the pike, while the fast-fashion retailer is hoping to stem losses by charging for returns.

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Fast Fashion Fashion Returns Planning 101

Inside Retail

APRIL 17, 2023

According to Sarah Neill, CEO and founder of Mys Tyler , the world of fashion has been ripe for disruption for a long time now. It will enable a more curated experience, more enticing product descriptions, and managing expectations so that items are not returned in the shopping experience.

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Inside Retail

MARCH 26, 2023

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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Retail TouchPoints

JANUARY 4, 2022

The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . Here’s how brands can marry sustainability with returns optimization to get better ROI out of what they’ve already invested in — chiefly, their products.

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Retail Focus

AUGUST 22, 2022

Alder & Green offers a dynamic range of 30 sizes across two-shirt fits to ensure that when purchasing a shirt, it is the perfect fit, which in turn will reduce returns, waste and the carbon footprint of products. Fashion brands have altered our attitudes through fast fashion, prioritising profit margins over ethical production.

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Retail Times

JUNE 15, 2023

Retail Times - Retail news, reports, analysis & comment

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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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Inside Retail

AUGUST 28, 2022

Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fast fashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. The group also announced that Passi would be returning as CEO of the company.

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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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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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Retail Gazette

APRIL 9, 2024

Unlike pretty much all of its fast fashion rivals, Primark has long resisted selling products online. Everyone think it’s clickety-click but one third of clothes get returned,” he told The Mirror. O’Brien agrees that the market is a challenging one for fashion retailers to navigate. Look at a £2 T-shirt.

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Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Particularly for those operating in fast fashion, where the negative environmental and social impact of unsustainable practices is increasingly under public and media scrutiny.

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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

Retail Gazette

DECEMBER 29, 2023

In The Style CEO Adam Frisby has stepped down from the fast fashion firm he founded 10 years ago.

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Inside Retail

JUNE 7, 2022

For retailers offering custom options, returns are also less than 2 per cent, compared with over 30 per cent at traditional brands. Made-to-measure is also an ideal anti-fast fashion option for customers, many of whom are now interested in leading a more sustainable lifestyle since Covid-19 has hit.

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Inside Retail

FEBRUARY 13, 2024

Australian bridal and fashion brand Bo & Luca has returned to its roots with a new store opening this month in one of Brisbane’s oldest suburbs, New Farm, and the launch of its couture bridal collection, The Gardener’s Journal. We have been working with the same families for the past 10 years.

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Inside Retail

APRIL 19, 2022

But now, with the pandemic posing less of an economic threat than it did just two years ago, and with customers returning to a more ‘normal’ state of shopping, it’s high time for retailers to really consider what is next for the industry. Most retailers tend to focus on the top of the funnel: on their return on advertising.

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Retail TouchPoints

MAY 29, 2020

Loyal customers are returning and increasing average order values (AOV). Fast Fashion trends downward, still, but there’s hope : There have been some fluctuations in fast fashion revenues, but ultimately this retail sector is down YoY: from -20% in mid-March, it has now dropped to -29.1% in mid-April 2020.

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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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Inside Retail

MAY 30, 2022

What incentives are retailers providing to consumers to return products to be recycled? This point seems somewhat obvious on the surface, but it goes against the broader fast-fashion trends across the industry. Reducing, not just optimising, returns. That is, they can’t just fall apart and become waste.

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Inside Retail

NOVEMBER 30, 2022

This was upheld by comments from National Retail Association deputy CEO Lindsay Carroll, who said that consumers were returning to bricks-and-mortar stores now that lockdowns were a thing of the past. It did so to raise awareness around waste, and over-consumerism caused by the rampant fast-fashion industry.

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Inside Retail

MARCH 8, 2023

This demographic also demonstrates a desire to break away from fast fashion and develop more sustainable buying habits. As such, it is important that retail and fashion businesses make an effort to progress their sustainability promises. This has been led primarily by Gen Z and Millennials. What’s next?

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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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