This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Barrins knew the name would resonate with the Australian market, or at least give them pause, while the international market was used to female names in fashion with household names like Zara and Celine. I think that if there are established brands that have the backing and have finances, this is not at all hard.
At the moment, Taper is in beta mode and has just launched in 17 stories with a major North American apparel business. At the moment, the team is targeting potential clients in the US and Europe. “We For retailers offering custom options, returns are also less than 2 per cent, compared with over 30 per cent at traditional brands.
25, Geronimo Chala, Chief Client Officer at luxury handbag reseller Rebag , discussed the multiple ways the circular concept of “resale” is addressing the demands of a changing consumer — and in doing so, reshaping retail as a whole, particularly the luxury sector. Look at brands Sandro and Maje.
Retail Gazette takes a look at the retailers that have made job cuts in recent weeks. Aldi It emerged at the end of last month that Aldi was consulting over plans to restructure some of its head office divisions in a move that could see 350 roles at risk of redundancy.
The retailer filed for Chapter 11 bankruptcy in June and was unable to secure the necessary financing to keep its 21 brick-and-mortar locations open; all will be closed. Increased Competition Over the past few years, small- and medium-sized fashion and footwear retailers have faced intense competition from all sides.
Inflation fears are lingering as retailers approach the holiday season, with 79% of consumers saying their finances are a concern and 62% expecting their living costs to increase even further in the next six months, according to EY ‘s Future Consumer Index.
It’s not the first time the embattled fastfashion retailer has made such a u-turn. Earlier this year, it revealed it would close its Daventry warehouse in the UK less than three years after it opened, putting 400 jobs at risk. Kamani also vowed to review “some of the more drastic changes made in recent times”.
The Chinese fastfashion 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 fastfashion retailer and they probably think of H&M, Zara or Gap. Fastfashion, but slow deliveries. Inclusive fashion.
Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fastfashion 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.
Yogendra Dandapure, vice president of raw materials and innovation at Lululemon, said that its collaboration with Samsara Eco provides the brand with the biggest opportunity to meet and exceed its 2030 sustainable product goals. It then breaks down those materials into its core molecules through super enzymes.
It is the latest in the back and forth between the pair, which have spent the last six weeks in a public battle as Frasers seeks to oust its leadership team and install its own representatives at the helm. and an 8% fall in sales in the first half. What’s happened so far? to £147.3m
Unlike pretty much all of its fastfashion rivals, Primark has long resisted selling products online. At the time, chief executive Paul Marchant said the move was “all about supporting and complementing our stores, which will always be at the heart of our business”. Look at a £2 T-shirt.
Lovisa CEO exits business after 12 years at the helm. After 12 years at the helm of jewellery retailer Lovisa, Shane Fallscheer has stepped down from his role as chief executive and managing director, effective October 14. Woolworths Group appoints new supply chain chief. Asos CEO, chairman step down. “Key
While traditionally, BNPL services were used to split payments for high value items, they soon became associated with online fastfashion brands, targeting Gen Z and Millennial shoppers. Looking at Google Trends, we can also see the term ‘virtual card’ has increased 216% in the last five years and is currently at its peak.
As the year comes to an end, Retail Gazette looks at some of the biggest stories that rocked the sector over the last 12 months. The news came a month after White said that her big five-year plan that she promised would deliver £400m a year in profits at the department store and grocery group would be delayed by two years.
Living in Dubai at the age of 22 was a huge eye-opener for a young girl from a small town in New Zealand. Because I’m a creative, business wasn’t always at the forefront of my mind. Being a bridal fashion house during the global pandemic when all weddings had come to a complete standstill was a tough one to navigate.
The extension on £250m of the borrowing was agreed in July, according to the fashion retailer, delaying repayment until March 2026, which was potentially crucial from an auditing perspective as financing needs to be in place for at least a year before signing off accounts.
You can buy a dress at Primark for $11, jeans for $16 and a tank top for $3. When you look at the retail sector it tends to be the top of the market, luxury retailers and the lower end of the market, discount stores that perform the best. Stores at the centre. Rock bottom prices. billion ($2.2 Do you like this content?
One in two (52 per cent) are also planning to reduce the number of fastfashion purchases they make compared to last year (27 per cent), while 43 per cent plan to shop in-person at this year’s post-Christmas sales in an effort to reduce the carbon footprint of their purchases.
Fast lane privileges at warehouse sales. At the start of 2022, Balmain and Barbie also unveiled their new partnership, featuring ready-to-wear pieces, accessories, and exclusive NFTs. Fashion’s foray into NFTs may hint at the next ecommerce battleground. Leland Grossman, Director of Marketing at KYX World.
Monsoon boss Nick Stowe has urged the UK to follow in the footsteps of the US by removing the tax loopholes used by Chinese fastfashion giant Shein. “If you look at the situation in the UK in terms of tax requests on retailers, were being asked to pay extraordinary amounts of fund the gaps in public financing.”
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content