Retail TouchPoints

JUNE 24, 2022

In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers. Having these contingencies in place keeps organizations within the supply chain transparent and accountable while encouraging them to make greater environmental efforts in the future.

Fashion 336

Fashion Fast Fashion Apparel Shipping 336

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.

Fast Fashion 362

Fast Fashion Fashion Consumer Markdowns 362

Inside Retail

JUNE 21, 2022

An American freelance artist has sued Chinese fast-fashion retailer Shein for US$100 million, alleging the company copied her artwork without permission. She further related accounts of four other artists who discovered their artistic works had been used on products being sold by Shein online.

Fast Fashion 246

Fast Fashion Fashion Accounting Management 246

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.

Fashion 298

Fashion Fast Fashion Apparel Consumer 298

Inside Retail

NOVEMBER 25, 2024

Amazon’s $6 billion in annual sales in Australia accounts for nearly 10 per cent of all online retail spending in non-food categories, placing it among the top five non-food retailers in the country. Shein: Dominating the fast-fashion market Shein has become a major player in Australian fashion, particularly among younger consumers.

Fast Fashion 246

Fast Fashion Fashion Consumer Marketing 246

Retail TouchPoints

AUGUST 6, 2024

While Amazon might offer a discount to all customers, Shein and Temu treat sales and coupons as gated assets, with discounts typically only available for shoppers who open an account. Shein uses user data insights to predict what products customers will want in the future, effectively taking fast fashion to the next level.

Advertising 275

Advertising Fast Fashion Social Commerce Marketing 275

Retail TouchPoints

OCTOBER 5, 2020

Fast-fashion retailer H& M announced plans to close approximately 250 stores next year as it seeks to step up the pace of its transformation via digital investments, store portfolio optimization and increasingly integrated channels. H&M has not yet identified which stores will be shuttered.

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Fast Fashion Fashion Accounting Location 212

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

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

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. “They … are emerging as the most important drivers in the industry.”

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Fast Fashion Shipping Fashion Accounting 130

Inside Retail

AUGUST 30, 2023

The offer is also seen as an expansion of the business’ successful click-and-collect offer, launched last year, which now accounts for up to 20 per cent of online orders. The demand is there to get the product straight away, but not everyone can necessarily go to their local store to pick it up,” he explained.

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Fashion Fast Fashion Accounting Shopping 262

Retail Focus

AUGUST 22, 2022

“We are committed to changing how a modern menswear brand should operate and are focusing on the things that matter: quality, fairness and the environmental impact of what goes into our garments – rather than making fast fashion garments. The clothing industry accounts for over 10 per cent of global carbon emissions.

Fast Fashion 183

Fast Fashion Fashion Accessories Accounting 183

Inside Retail

AUGUST 6, 2021

Over the past 18 months, privately-held Shein, whose official name is Zoetop Business Co, has taken the fast-fashion world by storm. The company’s Instagram and TikTok accounts have more than 23 million followers, many of them young women showing off its cheap clothes, such as $9 dresses and $15 shoes.

Fast Fashion 246

Fast Fashion Accounting Fashion Management 246

Inside Retail

MAY 18, 2022

Incredibly, the second-hand clothing sector is expected to grow faster than fast fashion in 2022 and the resale market is expected to grow 11 times faster than the broader clothing sector by 2025. Without clear accountability among those responsible for operational performance, sustainability will not gain traction.

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Fast Fashion Consumer Accounting Fashion 246

Inside Retail

NOVEMBER 27, 2024

” Paid search ads can drive anywhere from 15 per cent to 30 per cent or more of a retailer’s online sales, and account for as much as half of the marketing budget, Lautier said.

Marketing 130

Marketing Fast Fashion Advertising Marketing Spend 130

Inside Retail

OCTOBER 4, 2022

UK-based fast fashion brand Boohoo recently announced that it had tapped US celebrity and influencer Kourtney Kardashian as its “sustainability ambassador” and launched a “sustainability journey” campaign that included a capsule collection and mini-series. “A spoiler alert for everyone: you can’t.

Fast Fashion 130

Fast Fashion Fashion Wholesale Consumer 130

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.

Fast Fashion 162

Fast Fashion Fashion Target Market Consumer 162

Inside Retail

JULY 13, 2021

Since the fast fashion brand first launched on Tmall in China in 2018, it has continued to embrace third-party marketplaces in the broader region, including Myntra in India and Zalora in Southeast Asia. “I And nowhere is this more apparent than in Asia, where online marketplaces dominate the local e-commerce industry.

Fast Fashion 246

Fast Fashion Fashion Fulfillment Accounting 246

Retail TouchPoints

MAY 29, 2020

Fast Fashion trends downward, still, but there’s hope : There have been some fluctuations in fast fashion revenues, but ultimately this retail sector is down YoY: from -20% in mid-March, it has now dropped to -29.1% However, sessions are significantly down. in mid-April 2020.

Fast Fashion 189

Fast Fashion Fashion Consumer Accounting 189

Inside Retail

APRIL 25, 2021

It has fallen onto Horowitz to reposition the A&F brand and target a slightly older target market of 21- to 24-year olds, leaving sister brand Hollister – which actually accounts for 60 per cent of the group’s sales – to focus on the teen market.

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Fast Fashion Fashion Accounting Target Market 223

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.

Fulfillment 278

Fulfillment Fashion Apparel Fast Fashion 278

Inside Retail

JULY 16, 2023

To O’Loughlin, having a number of external partners on such a project not only makes it easier to complete, but also provides a level of accountability that can be difficult to achieve in a wholly internal project. We know that we have a responsibility.

Fashion 246

Fashion Fast Fashion Outdoor Accounting 246

Retail TouchPoints

NOVEMBER 9, 2022

The fast fashion company saw the highest year-over-year growth in downloads of any retailer’s app globally, and also drove the most sessions. For example, if an app is missing key features available on the desktop experience, that can disrupt the whole journey and cost conversions. Mobile Retailing Requires a ‘Mindset Shift’.

Fast Fashion 276

Fast Fashion Fashion Shipping Marketing 276

Inside Retail

OCTOBER 19, 2022

Valued at US$100 billion ($150 billion) , fast fashion brand Shein is in hot water after a recent Channel 4 documentary hosted by British journalist Iman Amrani, Inside The Shein Machine , lifted the veil of secrecy behind the corporation’s operations in China. The next step. A race to the bottom.

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Payment Services Fast Fashion Fashion Accounting 130

Inside Retail

SEPTEMBER 13, 2022

Sustainability has become a top priority for investors and consumers concerned about the looming climate crisis – and the fashion industry, one of the leading creators of global emissions, is increasingly focused on portraying its green cred.

Fashion 246

Fashion Fast Fashion Promotions Consumer 246

Inside Retail

NOVEMBER 30, 2022

Robert Moore, CEO of leather goods and accessories brand Mon, said that the brand saw 100 per cent growth in November compared to the month prior, and that Black Friday and Cyber Monday accounted for over 40 per cent of monthly sales. It did so to raise awareness around waste, and over-consumerism caused by the rampant fast-fashion industry.

Fast Fashion 246

Fast Fashion Shopping Accessories Consumer 246

Inside Retail

JULY 24, 2022

The other report shared that fast fashion brand Shein’s largest consumer group is Gen Z women motivated by price and online shopping. Young people consistently buy fast fashion on platforms like Galaxy and Depop but they’re also re-selling it successfully on those apps.

Fashion 147

Fashion Fast Fashion Accessories Consumer 147

Inside Retail

OCTOBER 30, 2023

These days it’s not just performance, but also sustainability, so this search always includes yarns that are recycled, or materials that are robust and help to reduce the fast fashion cycle. AC: SA1NT as a group went through some tough times during Covid-19, with distribution slowing and retail accounts closing.

Apparel 264

Apparel Fast Fashion Planning Returns 264

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. Russia accounted for about 4 per cent of H&M’s sales during the last quarter, making it the group’s sixth-largest market.

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Fast Fashion Home Furnishings Fashion Apparel 130

Retail Gazette

SEPTEMBER 10, 2024

PrettyLittleThing founder Umar Kamani is returning to the fast fashion retailer as he vows to make the brand special again. Though in recent years, its profits have waned amid the cost-of-living crisis, inflation and fierce competition from the likes of fast fashion giant Shein.

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Returns Fast Fashion Fashion Accounting 111

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?

Fast Fashion 130

Fast Fashion Fashion Shipping Marketing 130

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

APRIL 26, 2021

And with concern around the rights of animals driving these purchases, he rightfully questions why the cruelty-free label doesn’t always take into account the human cost of making these products. Cruelty-free fashion. The cruelty-free movement is rapidly gaining momentum across food, fashion, beauty and other categories.

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Fashion Fast Fashion Consumer Marketing 242

Inside Retail

AUGUST 22, 2024

Fast fashion retailer Shein found two cases of child labour at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage criticisms of its low-cost business model ahead of a planned flotation. Reporting by Helen Reid; Editing by Jan Harvey, of Reuters.

Fast Fashion 130

Fast Fashion Accounting Fashion Management 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 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

DECEMBER 13, 2023

We all know those great Aussies fashion start-up stories, those household names who cut their teeth in the city markets,” John said. The potential for Inkse in Australia is great, our research shows a significant number of Aussies are looking for help to start a fashion business.

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Fashion Fast Fashion Boutique Fulfillment 130