Remove Accounting Remove Fast Fashion Remove Returns
article thumbnail

Vestiaire Collective’s fast-fashion ban: clever or counterproductive?

Inside Retail

Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.

article thumbnail

How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PrettyLittleThing founder Umar Kamani returns to helm

Retail Gazette

PrettyLittleThing founder Umar Kamani is returning to the fast fashion retailer as he vows to make the brand special again. One of Kamani’s first actions will see the reintroduction of free returns to customers part of PrettyLittleThing’s loyalty programme just three months after the retailer scrapped the perk.

Returns 111
article thumbnail

Data: Over 50% of online fashion retailers charge for postal returns

Retail Gazette

Over half of the biggest online fashion retailers do not offer free postal returns, Which? The consumer choice firm looked at the returns policies of the 20 biggest online fashion retailers, including Asos, Boohoo and Amazon and found that 12 do not offer free postal returns. The returns fees range from £1.99

Returns 59
article thumbnail

How Shein and Temu are driving up the cost of air freight

Inside Retail

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. TikTok Shop did not return messages seeking comment. Apple declined to comment.

article thumbnail

How retailers are tackling textile waste as Aussies overconsume

Inside Retail

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.

article thumbnail

Responsible menswear brand launches London store following six-figure investment

Retail Focus

Alder & Green offers a dynamic range of 30 sizes across two-shirt fits to ensure that when purchasing a shirt, it is the perfect fit, which in turn will reduce returns, waste and the carbon footprint of products. The clothing industry accounts for over 10 per cent of global carbon emissions.