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Capri Group Brands to Roll Out RFID in European Markets

Retail TouchPoints

RFID will enable us to achieve our strategic objectives of improving the overall customer experience at all stages of the buying process, said Marco Buono, COO at Capri Group in a statement. Alcott, a fast fashion retailer described on its website as the main brand of the Capri Group, was established in 1990 in Italy.

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ThredUP Forges Ahead with its War on Fast Fashion Amid Cost-Cutting Initiatives

Retail TouchPoints

Resale platform ThredUP has debuted a new, light-hearted marketing ploy in its ongoing battle against “fast fashion addiction,” mere days after announcing it was joining the ranks of tech companies cutting staff amid an economic slowdown. A Fast Fashion Confessional to Help Gen Z. Customers in the U.S.

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From “fast fashion” to “fast thrifting”: When will we learn?

Inside Retail

US thrift giant Savers has opened two new megastores in Australia this year, and the “Got it at Vinnies” campaign is transforming charity shops into trendy vintage hotspots. It feels like every other Instagram story is about someone’s latest thrifted finds – at least on my feed. And it’s not just Gen Z and millennials who are into it.

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Forever 21 to Close 200 Stores as it Considers Second Bankruptcy

Retail TouchPoints

-based operator of Forever 21 is preparing to close at least 200 of its approximately 350 stores in preparation for a potential bankruptcy, Bloomberg reports, citing people with knowledge of the matter. While a bankruptcy filing isnt certain to happen, its goal would be to find a buyer for Forever 21s remaining U.S.

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ThredUP Continues Anti-Fast Fashion Offensive with V-Day Campaign, adds Francesca’s to Resale Roster

Retail TouchPoints

ThredUP is teaming up with TikToker Nava Rose to launch the Dump Fast Fashion Shop, an online secondhand storefront to help consumers thrift for Valentine’s Day and beyond. Nava Rose models one of her styles for the Dump Fast Fashion shop on ThredUP. “I Together with ThredUP, I’m committed to ghosting fast fashion.

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Ultra-fast fashion is undermining efforts to make the industry more sustainable

Inside Retail

Since the 1990s, fast fashion has enabled everyday people to buy the latest catwalk trends. Now, just when the fashion industry should be waking up and breaking free of this vicious cycle, it’s heading in the opposite direction. We’re on a downward spiral, from fast fashion to ultra-fast fashion.

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Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money

Retail TouchPoints

That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025. Growing Sustainability Concerns Favor Resale Over Fast Fashion. It appears that much of that growth will come at the expense of fast fashion.