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 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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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. Founded in 2008, it rose to success selling inexpensive clothes and lifestyle items, with more than 2,000 new styles added daily.

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Retail TouchPoints

SEPTEMBER 5, 2023

Established in Nanjing, China in 2008, and now headquartered in Singapore, Shein has grown rapidly to become the world’s largest fashion retailer with an estimated value of $64 billion ,” reads the letter.

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Retail Gazette

JANUARY 28, 2024

Shein officially became the largest fashion retailer in the world in 2022, despite facing accusations of labour law violations and design theft. Founded in 2008, the retailer rose to success selling inexpensive clothes and lifestyle items, with more than 2,000 new styles added daily.

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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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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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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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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. Shein is even taking on legacy fast fashion stalwarts. Do you like this content?

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Retail Gazette

OCTOBER 26, 2023

The American retailer opened its first store outside of the States in Brent Cross, London back in 2008 before going on an expansion spree across the UK, including in Manchester, Liverpool, Bristol, Birmingham, Southampton and Newcastle. However, just 9 years later, it closed all stores and ceased trading in the UK.

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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. billion. .

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Retail Gazette

OCTOBER 19, 2023

Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. Lipsy Acquired: 2008 Young fashion brand Lipsy was acquired by Next back in 2008 for £17.4m. It is also brinigng Gap-owned Banana Republic back to the UK via Next.

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I Love Fashion

APRIL 5, 2023

Why Are Online Fashion Marketplaces Booming So Fast? Fashion marketplaces that are available online offer way more convenience to online sellers and marketers to reap the best benefit in the most convenient way. Here are the reasons why fashion marketplaces’ popularity has grown so much online.

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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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Retail Geek

NOVEMBER 20, 2023

So I’m gonna guess you’re not a fan of fast fashion. TV is dead, headline from 2008. And so, look, it’s a long, long, long, long way around, but you asked the question, and I’m totally serious about that. Scot: [26:58] Yeah.

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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. Shein was recently valued at $66 billion and is now the largest fast fashion retailer in the United States.

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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. But what about the environment?

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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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