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U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

At the same time, the rental and fast fashion sectors are expected to remain relatively flat, and department stores, value chains and mid-priced specialty retail will lose ground. One thing that really stood out to me [in the report] was this tension in the minds of younger shoppers who shop fast fashion,” said Marino.

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Frasers snaps up German sporting chain SportScheck amid acquisition spree

Retail Gazette

of the online fast fashion business , increasing its stake from 13.4% ” Frasers has been on an acquisition spree throughout 2023 picking up stakes in electricals giant Curry’s, its online counterpart AO World and boohoo’s rival Asos. Click here to sign up to Retail Gazette‘s free daily email newsletter

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7 Stories that Shaped 2023 — and What They Foretell for 2024

Retail TouchPoints

The latter had always been based on a marketplace model, and Shein added a marketplace in May to expand its reach beyond fast fashion. Among the biggest challengers were Chinese-based discount shopping apps Shein and Temu. billion in retail shrink was due to ORC. Were these retailers just looking for a convenient scapegoat?

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Jason & Scot Show Episode 303 Amazon, Walmart and E-com Q4 Results

Retail Geek

Scot: [34:05] Yeah yeah and having a Marketplace will be good will be another piece of data to feed into this kind of viral Crazy Fast fashion engine that they’ve created. Scot: [35:05] Sporting Goods. You know they’re the biggest apparels reseller in the u.s.

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Jason & Scot Show Episode 264 – Retailer Q1 Earnings and E-Commerce data

Retail Geek

5:04] To dictate what garments they make and what styles they leaned into and how they apportion, dollars to inventory so that’s that’s where the kind of real-time fashion comes in that they’re sort of a data-driven fashion. Um and shop for apparel. [3:41] Like fifty percent growth is still is pretty significant.

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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

Brands on and like their fundamental problem is not your fundamental like their biggest problem is sourcing, the goods by getting people to send them stuff and then when they curate it they’re mostly interested in, luxury designer so they end up with a relatively poor yield and they don’t have. [51:13]

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Jason & Scot Show Episode 283 – 2021 Year End Review

Retail Geek

9:14] Shifted into retail and that gave sporting goods and building materials a big a big kiss. 9:14] Shifted into retail and that gave sporting goods and building materials a big a big kiss. The sale leaves the sporting good category in enters the non-store category and so that’s.