Retail Wire

JUNE 2, 2022

That hasn’t slowed its sales momentum as the fast fashion retailer offers prices still seen as a value in the market. “We expect Inditex’s sales outperformance to widen in a downturn, as it did in the financial crisis of 2008 and 2009,” said RBC analyst Richard Chamberlain. ”

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Fast Fashion Fashion Consumer Marketing 100

Retail Gazette

APRIL 1, 2024

Shein has seen its profits soar to over $2bn (£1.6bn), more than doubling its previous figures, as the fast fashion giant awaits approval for a stock market listing in either New York or London. Although Spanish fashion titan Inditex , the owner of Zara and Bershka still remained higher at €6.9bn (£5.9bn) last year.

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Fast Fashion Fashion Marketing ATS 95

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. The site will be the fast fashion company’s second in the UK.

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Fast Fashion Fashion Planning Marketing 88

Retail TouchPoints

MAY 9, 2023

Despite the controversies, the fast-fashion brand has been named one of Gen Z’s favorite brands and one of the fashion industry’s most popular brands. SHEIN’s incredible reach, amplified through influencers, and its focus on creating on-trend items at an extremely rapid pace can be thanked for that.

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Fulfillment Fashion Apparel Fast Fashion 234

Retail Gazette

MARCH 6, 2024

Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.

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Fulfillment Fast Fashion Planning Fashion 105

Independent Retailer

APRIL 19, 2022

A study from 2008 found that you could likely only reduce your emissions by about five percent if you bought local food all the time, and the same can be said for general products found at your local grocers or mom-and-pop shops. Second Hand Shopping Gaining Popularity.

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Thrift Store Shipping Fast Fashion Fashion 94

Indigo 9 Digital

JANUARY 17, 2023

The fast fashion retailer turns out new trends even faster than the likes of Zara and H&M. Shein, unlike some of its rivals, does not have any permanent stores and now is the largest online only fashion site in the world. Tops start at $3.00, shoes start at $5.00 and jeans start at $12.00.

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Fast Fashion Fashion Shipping Target Market 52

Retail Gazette

OCTOBER 26, 2023

Fashion has always been notoriously fickle and brand popularity can wane seemingly overnight. Retail Gazette takes a look at the fashion retailers that were once some of the most coveted brands around but now no longer hold mass appeal. The board ousted Charney in 2014 before filing for a Chapter 11 bankruptcy a year later.

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Fashion Boutique Apparel Fast Fashion 59

365 Retail

NOVEMBER 8, 2022

While traditionally, BNPL services were used to split payments for high value items, they soon became associated with online fast fashion brands, targeting Gen Z and Millennial shoppers. Looking at Google Trends, we can also see the term ‘virtual card’ has increased 216% in the last five years and is currently at its peak.

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Payment Services Finance Fast Fashion Consumer 73

Retail Gazette

OCTOBER 19, 2023

As the pair continue to build their empires, Retail Gazette looks at what businesses the two groups own and their timeline of acquisitions. Former-JD Sports fashion brands Acquired: February 2023 At the start of the year JD Sports formally completed the divestment of non-core UK fashion brands to Frasers Group.

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Fashion Fast Fashion Planning Boutique 64

I Love Fashion

APRIL 5, 2023

If you are a fashion product retailer, already selling through your online fashion website, and looking for client-oriented marketplaces to sell your fashion items and generate more revenues; Online Fashion Marketplace is you are at the right place for you to further grow your audience.

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Fashion Payment Services Accounting Fulfillment 52

Retail Geek

NOVEMBER 20, 2023

If I look at the last quarter, I took a little glance at that. Tried to sell them to furniture stores and they laughed at us and told us it was a dumb idea. [3:34] Sean, welcome to the show. Shawn : [1:13] Thank you. Thanks for having me.

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Dead-Stock Consumer Shopping Marketing 64

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. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

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Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

MAY 19, 2023

You can try to blame it on Shein but maybe Shein got the idea from Primark which has been in business since 1969 and Shein has only been around since 2008. You can buy a dress at Primark for $11, jeans for $16 and a tank top for $3. Stores at the centre. Rock bottom prices. Do you like this content?

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Fast Fashion Advertising Returns Fashion 52

Inside Retail

MARCH 31, 2022

When the Nanjing-based company was established, in 2008, it was labelled a discount brand, selling ultra-cheap, of-the-moment fashion. Fast forward to 2020 and Shein had become the world’s largest online-only fashion firm, valued at more than US$30 billion ($40.1 Winning with TikTok.

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Fast Fashion Payment Services Fashion Shipping 130

Retail TouchPoints

APRIL 4, 2024

“Fast fashion is not free. Someone, somewhere is paying the price.” – Lucy Siegle The fast fashion industry is hardly new, but the recent rise of international powerhouses has sparked new conversations and insights into the industry. But how, and why, are these fast fashion superpowers making so much money?

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Fast Fashion Fashion Marketing Management 225