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

Inside Retail

As an occasional buyer and seller of second-hand fashion, I’ve been watching the trend with interest. The shift towards thrifting (a more circular economy) seems like a win-win – good for consumers, brands, and the planet. But at the end of the day, whether you’re buying second-hand or brand-new, you’re still buying and consuming.

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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. Strong Q2 Masks Impending Slowdown.

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

Retail TouchPoints

Consumers bought less clothing during the pandemic, that we know for sure, but we also saw that many people tried secondhand for the first time ,” said Karen Clark, VP of Marketing Communications at ThredUP in an interview with Retail TouchPoint s. Growing Sustainability Concerns Favor Resale Over Fast Fashion.

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Five Below Taps Forever 21 CEO to Lead Company

Retail TouchPoints

She led a brand refresh for the fast fashion retailer, focusing on younger consumers with a social-media-first approach to customer engagement. Co-founder Thomas Vellios will continue as Chairman of the Five Below board and work with the executive team to drive the retailers strategic priorities. million to $843.7 million.

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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. It did not respond to a request for comment on the suggestion it needed to do more.

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What Shein’s return to India means for the country’s future retail scene 

Inside Retail

The app’s initial rollout covers major cities like New Delhi and Mumbai, with plans for nationwide expansion. Underlying impacts The partnership between Reliance Retail and Shein represents a significant shift in India’s fashion landscape, with several key implications for both businesses and consumers.

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Forever 21 Continues U.S. Expansion with Plans for 14 New Locations

Retail TouchPoints

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. In addition to this Southern California store, the retailer has new shops planned for Illinois, Rhode Island, Nevada, Iowa, Pennsylvania, Virginia, Massachusetts, Georgia, Florida and Puerto Rico. through June 2023.

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