Retail Gazette

MARCH 4, 2025

The firm also briefly owned a 50% stake in Missguided in December 2021 before the fast fashion brand was bought out of administration by Mike Ashley’s Frasers Group just six months later. The firm famously acquired the DIY chain for 1 back in 2018 after Australian giant Bunnings botched attempt to conquer the UK.

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Inside Retail

FEBRUARY 24, 2022

The local retailer operated four Gap stores in New South Wales and two in Victoria, but closed them in 2017 and 2018 due to declining sales. But it’s not only the fashion trends that have changed since Gap’s heyday. They flew right in the face of fast fashion.

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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. Missguided was once Britain’s most visited online retailer. Self-inflicted wounds.

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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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Inside Retail

FEBRUARY 27, 2023

In Spain’s A Coruna, two contrasting fashion business models collide – pitching the growing demands for the clothing industry to become more sustainable against the constant need to drive sales. Inditex had 565,027 tonnes of garments on the market in 2021, more than the 528,797 tonnes in 2018, according to its annual report.

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Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 per cent on the pre-pandemic 2018-19 year. billion in the year to November 30, on sales up just 6 per cent to $21.13

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Inside Retail

AUGUST 12, 2021

But Paula Sello and Alissa Aulbekova, co-founders of the digital fashion start-up Auroboros, say it could be an environmentally-friendly alternative to fast fashion. “We need to have the shift now in fashion.

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Retail Gazette

DECEMBER 5, 2024

Ashley’s bid for the top position has been slammed by Boohoo, which accused Frasers of using its stake in the fashion brand and other retailers to promote its own “commercial self-interest”. What’s happened so far? The latest half-year results for Boohoo show its pre-tax losses tripled from £36.6m to £147.3m

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Retail Gazette

OCTOBER 30, 2023

In her new role, she will also help the Chinese-based fashion giant, which employs 40 people in its London office, grow a Manchester-based team of around 15 staff by the start of next year. Dunne’s appointment comes as Shein’s UK business made a pre-tax profit of £12.2m

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Inside Retail

NOVEMBER 23, 2022

Shein, the Chinese fast-fashion giant, is by no means a leader when it comes to sustainability. In 2018, Burberry was famously panned for burning millions of dollars in unsold bags, clothes and perfume, revealing one of the dirty secrets of the fashion industry and highlighting the scale of the problem.

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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. in the year to 31 January, 2018. The furniture brand, which had concessions in House of Fraser, reportedly suffered after the department store fell into administration in 2018.

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Retalon

OCTOBER 24, 2023

In 2018 retail giant H&M disclosed that they had $4.3 Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Billion in overstocks.

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Retalon

FEBRUARY 14, 2022

In 2018 retail giant H&M disclosed that they had $4.3 Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value. As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Billion in overstocks. Incentives.

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Markdowns Fast Fashion Consumer Accessories 41

Retail TouchPoints

SEPTEMBER 23, 2021

Peru is leading the fight against the environmental damages of fast fashion with alternative clothing sewn from sustainable fibers and manufactured in settings that prioritize social justice. Searches relating to sustainable fashion increased by 75% between 2018 and 2019.

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I Love Fashion

JUNE 13, 2022

The fast-fashion brand entered the metaverse with free NFT apparel, becoming the first affordable fashion brand to launch a digital collection. Satoshi Studio , a direct-to-consumer sneaker brand launched in 2018, focuses on sustainability and digital experience. .

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Retail Geek

NOVEMBER 20, 2023

We came public in 2018 on about 100 million in sales. So I’m gonna guess you’re not a fan of fast fashion. 5:42] Drives are innovation we think is a really cool secret sauce called design for life but. Scot: [26:58] Yeah.

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Inside Retail

APRIL 2, 2025

Since the brands inception in 2018, Quinns revenues have more than doubled, from $140 million in 2022 to $340.3 During a Shoptalk panel discussion with Driscoll, Katie Reeves, Cos managing director for North America, revealed how the brand often gives consumers the premium items they are seeking at a more accessible price. million in 2024.

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Inside Retail

MARCH 31, 2022

Following its rapid success, many competitors have emerged from China with hopes to take a slice of the e-commerce pie, with the likes of Alibaba and TikTok jumping into the fast fashion ring. Seeing Shein’s massive popularity on the app, TikTok owner ByteDance launched its own fast fashion platform, called Dmonstudio, in late 2021.

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Inside Retail

FEBRUARY 16, 2025

A repeat of 2018? In 2018, during Trumps first term, his administration imposed tariffs on hundreds of billions of dollars’ worth of Chinese goods as part of a broader trade war. This isnt the first time the US has aggressively targeted Chinese imports.

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