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End of an era: Online retailers exit US market as de minimis loophole closes

Inside Retail

British beauty products retailer Space NK has paused e-commerce orders and shipping to the United States “to avoid incorrect or additional costs being applied to our customers’ orders”, the company said in a notice on Wednesday. The move upended global trade and triggered retaliation from Beijing. It is not alone.

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How the end of de minimis is forcing a global reset in retail supply chains

Inside Retail

Enabled by the e-commerce explosion and accelerated by Covid-era consumption, this loophole helped supercharge the rise of ultra-fast fashion giants. They bypassed traditional supply chains, shipping individual parcels directly to consumers and often avoiding scrutiny from the US Customs and Border Protection (CBP).

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How the Fashion Industry Can Pave the Way for a Sustainable Future

Retail TouchPoints

In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers. In tandem with this, there is a goal to employ zero-emission vehicles when shipping apparel across various regions, with a duty to track, quantify and publicly declare emissions output.

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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.

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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

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.

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

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SHEIN’s Head of Strategy on Setting (and Achieving) Firmer ESG Goals

Retail TouchPoints

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.