Inside Retail

DECEMBER 13, 2023

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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Fast Fashion Fashion Consumer Apparel 130

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. A Starting Point. Recommerce.

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Fast Fashion Fashion Consumer Markdowns 362

Retail TouchPoints

OCTOBER 20, 2022

Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts to reduce or offset their carbon footprints. Fashion, style and clothing have always been about innovation and imagination.

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Fashion Fast Fashion Apparel Consumer 298

Retail TouchPoints

APRIL 19, 2024

For example, 60% of customers say they would be willing to pay more for a product with sustainable packaging, so it is paramount that businesses stay with the times and account for these shifting consumer preferences. One industry with a particularly negative environmental impact is the retail industry.

Supply Chain Management 264

Supply Chain Management Fast Fashion Apparel Shipping 264

Inside Retail

FEBRUARY 2, 2025

A notable gap is apparent, though, between values and actions, as many still shop frequently on fast-fashion platforms like Shein. Social commerce will dominate By 2029, social commerce driven by platforms like TikTok and Instagram will account for a substantial share of Gen Zs purchases.

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Social Commerce Payment Services Beauty and Health Checkout 130

Inside Retail

OCTOBER 29, 2024

This is probably because consumers are more interested in continuing to get technically superior and trendy clothes (and cheap ones in the case of fast fashion), than they are in environmental or social impacts. Lululemon is pumping out strong revenue growth, particularly internationally. Neither has it bothered the share market.

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Fashion Fast Fashion Apparel Consumer 130

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. billion on a pa r tnership with Apparel Impact Institute , a nonprofit that works with manufacturers to set and implement energy efficiency programs.

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Fulfillment Fashion Apparel Fast Fashion 278

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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Fast Fashion Fashion Consumer Returns 246

Inside Retail

APRIL 25, 2021

The teen apparel retailer announced that it will be closing its flagship store in May – the brand’s only store in the country. As part of the turnaround, speed to market has been increased, allowing it to compete more effectively with fast fashion retailers like Zara.

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Fast Fashion Fashion Accounting Target Market 223

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. That equates to around 108 Boeing 777 freighters a day, the consultancy said.

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Fast Fashion Shipping Fashion Accounting 130

Retail TouchPoints

APRIL 8, 2021

Research from fashion resale marketplace ThredUP and GlobalData found that the fashion market for secondhand goods (which includes resale as well as traditional thrift and donations) accounted for $28 billion in sales in 2019; it’s projected to grow to $64 billion by 2024. fashion market this year alone.

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Consumer Fashion Apparel Returns 351

Inside Retail

JANUARY 20, 2022

The Fashion Sustainability and Social Accountability Act (or Fashion Act) would apply to global apparel and footwear retailers and manufacturers with annual revenues of more than US$100 million that do business in New York.

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Fashion Fast Fashion Apparel Accounting 208

Inside Retail

MARCH 3, 2022

They head a growing list of retail brands which have already announced actions to end or reduce sales in Russia, including Swedish fast-fashion company H&M, online apparel store Asos, and tech giant Apple. Spanish fast-fashion rival Mango said it would temporarily close its stores and website in Russia.

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Fast Fashion Home Furnishings Fashion Apparel 130

Retail TouchPoints

JULY 20, 2020

By 2021, off-price retailers are anticipated to experience apparel revenue growth of 6% to 8%, exceeding the broader apparel segment by a collective 4%. Viewing Off-Price As A Partner. The emergence of off-price retail has changed the industry landscape. Even some of the most popular brands partner with off-price retail.

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Inventory Management Apparel Fashion Specialty Store 165

Inside Retail

AUGUST 31, 2023

Last year’s must-have dress, yesterday’s flares and countless other Western castoffs are strangling the Global South, prompting calls for fast fashion to pay the price for rampant overproduction. Fashion reparations?

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Fast Fashion Fashion Shipping Marketing 130

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

Inside Retail

JANUARY 28, 2022

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. 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

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Net Profit Fast Fashion Fashion Apparel 130

Inside Retail

AUGUST 26, 2021

We are also committed to being honest and frank about our progress, so that we can be held accountable and to provide clear and evidence based information to our customers. IR: There has been a lot of criticism of fast fashion brands lately in terms of their lack of sustainability credentials.

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Fast Fashion Fashion Accounting Apparel 130

RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

Yet, many apparel retailers find themselves grappling with a myriad of challenges that hinder their growth and efficiency. From inventory management woes to order processing bottlenecks, the complexities of running a fashion business can often feel overwhelming. Here are some of the key challenges faced by apparel retailers today.

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Apparel Fashion Inventory Management Management 52

Inside Retail

FEBRUARY 27, 2023

Material circularity is on the rise and the latest company to produce a completely recyclable piece of clothing is sustainable apparel brand Pangaia. The impact this has on the planet is diabolical and it is not just a consumer problem, it is the responsibility of everyone in the fashion and textiles industry.

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Fashion Fast Fashion Apparel Accounting 130

Inside Retail

AUGUST 20, 2023

This means that any fashion brand wishing to sell goods in the US must have complete oversight of its supply chains, from farm to manufacture, and be able to prove it to US Customs at the time of import. Since the Xinjiang region accounts for 20 per cent of the world’s cotton production, many brands are at risk of being implicated.

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Fashion Consumer Fast Fashion Planning 246

Inside Retail

JULY 21, 2022

Unspun is a robotics and digital apparel company based in Hong Kong and San Francisco that builds custom jeans for each consumer on demand. However, she feels that hyper-consumerism and fast fashion brands continue to harm the environment through textile waste and poor working conditions. A long way to go.

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Fashion Fast Fashion Accounting Consumer 147

Inside Retail

JUNE 6, 2024

Edited’s data backs up a marketwide trend of labels shifting away from catering to aspirational consumers, as average prices for handbags in the US have grown 4 percent, year over year (YoY), while apparel and footwear are 9 percent more expensive than they were last year.

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Accessories Fashion Promotions Apparel 147

Inside Retail

APRIL 25, 2022

In a statement via its official account on Weibo, a local social media platform, the brand explained that its departure was due to an “adjustment of the brand’s global strategy”. The next retailer that looks to be in trouble is fast-fashion titan H&M. Last August, Urban Outfitters announced it was exiting China temporarily.

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Fashion Accounting Fast Fashion Accessories 130

Inside Retail

OCTOBER 26, 2021

Consider fast fashion brands that promote International Women’s Day while simultaneously profiting from the exploitation of female workers. More recently, “ woke washing ” has seen brands promoting social issues without taking meaningful action. Change from within.

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Consumer Promotions Fast Fashion Marketing 130

Retail Gazette

FEBRUARY 5, 2025

Shein has moved from its humble beginnings as a small player in the ultra-fast fashion world has grown to a global juggernaut – reshaping the fashion market with rock-bottom prices, a lightning-fast supply chain, and dominant social media presence. “This group isnt watching Panorama documentaries.”

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Fashion Fast Fashion Consumer Apparel 52

Retail Gazette

DECEMBER 21, 2023

Its UK business raked in more than £1bn in sales last year as GlobalData forecasts it will become one of the top 10 apparel firm’s in the country by market share in 2023. It acquired online fast fashion retailer Missguided from Frasers this year and has also expressed an interest in making a bid for Topshop.

Grocer 116

Grocer Department Stores Fashion Planning 116

A1 Retail

MAY 31, 2022

In addition, more than one in five (22%) report that they are conscious of discarding and sending items to landfill when they could be repaired, recycled or sold on – and 19% said that they try to avoid fast fashion brands or brands that they consider to be unethical. Shopping locally (30%). The recyclability of a product (30%).

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Shopping Fast Fashion Fashion Consumer 45

Retail Geek

MARCH 15, 2024

They sourced respectively from a large account aggregator, like a budgeting app, and part of a POS system in the US. In the first three months, for context, it had roughly as many weekly active users in the US as the largest fast fashion brand, Shein, and within 10 months had surpassed Shein in sales. Is it apparel?

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Fulfillment Drop-Shipping Shipping Advertising 105

Retail Geek

DECEMBER 21, 2021

Retailers now compete with social media networks for eyeballs Apparel has shifted from designer led to consumer led, as evidenced by the meteoric rise of Shein. Properly and consistently I can tell you that the person assigned to fill out the surveys is generally not the most senior accountant at the it’s usually not the CFO.

Sporting Goods 52

Sporting Goods Drop-Shipping Shipping Apparel 52

Retail Geek

JANUARY 6, 2023

Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail Geek

JANUARY 7, 2022

Jason : Made to Order apparel business > 9 figures Yes Retailer offers viable health alt insurance option to consumers No Grocery E-Com > 10% someone deploys(not pilots) MFC Yes Amazon Shopify Competitor (shipping solution) No Retail Media > $20B Yes. Ultra fast fashion brand Chien which is a apparel brand the.

Merchant Services 98

Merchant Services Payment Services Drop-Shipping Apparel 98

Retail Geek

JANUARY 12, 2024

56:16] And, you know, Xi’an is really largely focused on apparel. I think Shein is actually taking share from the fast fashion. Scot: [57:14] Yeah, it’s really the apparel. Jason: [57:19] I don’t think they break out e-commerce apparel.

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Drop-Shipping Apparel Shipping Fast Fashion 59

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. At the time of writing, Shein’s official TikTok account has more than 3.7 Winning with TikTok. But what about the environment?

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Fast Fashion Payment Services Fashion Shipping 130