Retail TouchPoints

APRIL 8, 2021

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. It is this facet of the modern economy that consumers have begun to reject. The Fastest-Growing Channel in Retail’. “ The Cool Factor.

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Consumer Fashion Apparel Returns 351

Inside Retail

DECEMBER 13, 2023

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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Fast Fashion Fashion Consumer Apparel 130

Inside Retail

JANUARY 18, 2023

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.

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Fast Fashion Fashion Promotions Consumer 130

Inside Retail

MAY 30, 2023

Asos recently launched its first ever rental edit with UK-based rental marketplace, Hirestreet, as the struggling online fashion retailer attempts to stem its losses amid a decrease in consumer spending. An important move As a way to attract more cost-conscious consumers, Asos’ deal with Hirestreet makes a lot of sense.

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Fashion Returns Fast Fashion Consumer 243

Retail Gazette

OCTOBER 2, 2023

A host of major fast fashion players, including Zara and Asos, are cracking down on serial returners who shop online by reducing promoted items or introducing fees for items sent back. In the past, consumers have been used to ordering numerous different sizes and colours of the same product before making their final choice.

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Fast Fashion Returns Fashion Promotions 103

Inside Retail

NOVEMBER 27, 2024

“By definition, when you increase the cost per click, the return on your marketing investment decreases. “We are seeing a fundamental shift in search marketing dynamics and the fast fashion brands are now outbidding the traditional retailers, and it does look like their strategies are a lot more aggressive,” she said. .

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Marketing Fast Fashion Advertising Marketing Spend 130

Retail TouchPoints

MARCH 13, 2025

Key Goal: Extending the Product Lifecycle Goodwills operations allow it to take in and manage returns but also to identify items that can easily be resold. One Canadian retailer has Goodwill accept returns on its behalf, with customers then getting a voucher to shop for a new product with the retailer.

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Fast Fashion Returns Management Location 147

Retail TouchPoints

OCTOBER 12, 2022

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. through June 2023. Forever 21 started to unveil its new U.S. stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif.

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Location Planning Fast Fashion Shopping 306

Retail TouchPoints

JANUARY 24, 2024

This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. A Tailored Retail Experience In the era of mass production and fast fashion, personalization has become a key element in attracting and retaining visitors.

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Returns Department Stores Store Layout Fast Fashion 335

Retail TouchPoints

SEPTEMBER 29, 2022

There are signs of a disconnect between consumers and retailers when it comes to sustainability. A recent report has found that two-thirds of consumers are willing to pay more for sustainable products than retailers expect — and reveals that consumer preference for recommerce models is also being underserved. A Starting Point.

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Fast Fashion Fashion Consumer Markdowns 362

Inside Retail

SEPTEMBER 20, 2024

Fast-fashion giant H&M recently unveiled the autumn/winter 2024 collection from its atelier spinoff H&M Studio. The limited-edition fashion drop signals the brand is “returning to its roots and reconnecting with its community through a global ‘re-ignition’,” H&M’s head of design Eliana Masgalo told Vogue Scandinavia.

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Fast Fashion Consumer Fashion Apparel 130

Inside Retail

MAY 29, 2024

For most retailers selling online, returns generate their greatest customer service challenges and inevitably drain profitability. A seamless returns experience is now a baseline expectation for customers,” explains Daly. The Shopify-backed company has more than 250 employees and oversees 2 million returns per month.

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Returns Merchant Services Drop-Shipping Shipping 147

Inside Retail

MAY 29, 2024

For most retailers selling online, returns generate their greatest customer service challenges and inevitably drain profitability. A seamless returns experience is now a baseline expectation for customers,” explains Daly. The Shopify-backed company has more than 250 employees and oversees 2 million returns per month.

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Returns Merchant Services Drop-Shipping Shipping 147

Retail TouchPoints

MAY 1, 2025

economy may not have officially entered a recession, but consumers are nonetheless navigating rising prices, dwindling savings and a near-constant stream of financial anxiety. Now, with the onset of widespread global tariffs, consumer confidence has hit its second-lowest point since 1952. are up 10% since February.

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Fast Fashion Fashion Consumer Returns 147

Retail TouchPoints

JUNE 9, 2023

Consumers are becoming increasingly mindful about sustainability when it comes to shopping habits, and luxury retail is responding by investing in sustainable initiatives that will protect the environment while still allowing them to continue delivering luxurious items.

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Clienteling Fast Fashion Shipping Fashion 246

Inside Retail

MARCH 26, 2023

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.

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Fast Fashion Fashion Consumer Returns 246

Retail TouchPoints

AUGUST 25, 2021

The term rose to the surface last year as 2020’s unique confluence of events drove consumers toward shopping alternatives that were both environmentally friendly and economically feasible. The consumer is changing, the way that they purchase is going to change,” he said. “We In the retailX keynote session on Wednesday, Aug.

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Consumer Fast Fashion Finance Shopping 306

Inside Retail

APRIL 12, 2021

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . The Gen Z and younger millennial consumer is already accustomed to this,” she pointed out. ” How Nike Refurbished works.

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Fast Fashion Fashion Returns Consumer 264

Inside Retail

APRIL 17, 2023

She believes that the inefficiencies that have existed such as a lack of representation, poor fit and high returns have been amplified by the shift to online shopping which was accelerated by Covid, fast fashion and an increasingly global world. There’s a huge amount of waste due to a mismatch of supply and demand, and poor fit.

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Fashion Fast Fashion Returns Inventory Management 245

Inside Retail

JUNE 28, 2023

Fast fashion has normalised using garments for short periods of time, and throwing them away when trends change, driving an unsustainable pattern of overproduction and overconsumption. It envisions that fast fashion will be out of fashion, and that economically profitable re-use and repair services will be widely available.

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Fashion Fast Fashion Management Returns 245

Retail TouchPoints

MARCH 27, 2024

A few years ago, buying resale online was still something that had to be sold to consumers. But as ThredUp ’s 12th annual Resale Report shows, the need for a hard sell is over — consumers of all ages have clearly bought into the idea, with secondhand apparel sales growing 15X faster than the broader retail clothing sector in 2023.

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Apparel Fast Fashion Consumer Thrift Store 278

Retail Gazette

MAY 17, 2024

Ebay UK is returning as the headline sponsor of Love Island’s latest season, marking its fifth consecutive series in partnership with ITV. The tie-up marks the first season of the show where buying and selling pre-owned fashion is free on eBay UK.

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Returns Fast Fashion Fashion Consumer 111

Retail TouchPoints

FEBRUARY 7, 2023

Higher-income consumers are less impacted by inflation and, while aware of higher food, home and transportation costs, still have the funds to drive luxury sales and luxury growth,” said Marie Driscoll, Managing Director, Luxury and Retail at Coresight Research in an interview with Retail TouchPoints. Will Luxury’s Biggest Market Rebound?

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Payment Services Consumer Marketing Fast Fashion 290

Inside Retail

MARCH 8, 2023

According to the e-commerce company’s latest Trender report, emerging innovations like ‘shoppertainment’ and virtual retailing are enabling brands to further diversify their omni channel offerings and cater to modern consumers who expect more from online retail platforms. Another driver is demographics.

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Consumer Payment Services Fashion Fast Fashion 130

Retail TouchPoints

AUGUST 2, 2024

Increased Competition Over the past few years, small- and medium-sized fashion and footwear retailers have faced intense competition from all sides. Additionally, they have had to contend with the growth of fast fashion and discount retailers like T.J.Maxx and Marshalls. Building an online presence cannot be an afterthought.

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Fast Fashion Shopping Target Market Fashion 278

Retail TouchPoints

MAY 29, 2020

As consumer behavior changes due to rules that dictate “shelter in place” and social distancing, retailers can adapt and meet customers where they are right now: most likely, at home. Loyal customers are returning and increasing average order values (AOV). However, there are some indicators that point to light at the end of the tunnel.

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Fast Fashion Fashion Consumer Accounting 191

Inside Retail

APRIL 26, 2021

Australian online clothing rental company GlamCorner is adapting its offering as more brands look to launch their own branded rental service amidst major changes in consumer behaviour. This resonates with younger consumers in particular. Overall, 57 per cent agree that buying too many fashion items is bad for the environment.

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Fashion Marketing Fulfillment Fast Fashion 246

Inside Retail

OCTOBER 30, 2023

Our desire to return to the sportswear industry made sense under these brand values, and we are already finding that it resonates across multiple sporting codes, athletes, and organisations. Unfortunately, many garments claim compression but don’t have anywhere near the power and support to actually elevate blood return.

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Apparel Fast Fashion Planning Returns 264

Inside Retail

APRIL 28, 2021

The Chinese fast fashion 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 fast fashion retailer and they probably think of H&M, Zara or Gap. Fast fashion, but slow deliveries.

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Fast Fashion Fashion Target Market Consumer 162

Retail Focus

AUGUST 22, 2022

Launching in 2021, Alder & Green is re-establishing what a modern menswear brand should be, by developing responsible men’s shirts and accessories to encourage consumers to buy less and buy better. Fashion brands have altered our attitudes through fast fashion, prioritising profit margins over ethical production.

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Fast Fashion Fashion Accessories Accounting 182

Inside Retail

JUNE 7, 2022

We’ll be an innovative technology-led, direct-to-consumer business that also has a software-as-a-service product,” Wakefield said. For retailers offering custom options, returns are also less than 2 per cent, compared with over 30 per cent at traditional brands. We won’t be going towards an IPO as just a retail business.

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Apparel Fast Fashion Fashion Finance 243

Inside Retail

NOVEMBER 30, 2022

per cent increase in the number of consumers that purchased from brands powered by Shopify, with Australians ranking fourth globally in total spend. This pattern of consumer behaviour is indicative of what you’ll see in the industry, [and] there’s an opportunity to bring forward bargains [and] purchases,” he said.

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Fast Fashion Shopping Accessories Consumer 246

Retail Focus

DECEMBER 8, 2021

As shoppers return to malls and high streets, this trend shows no signs of abating, as retailers look to provide unique, interactive and frictionless experiences that tie in with digital offerings. One example of this in action is furniture retailer Ikea’s Vienna downtown concept. We have an amazing future in front of us.

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Kiosk Fast Fashion Promotions Returns 208

Inside Retail

AUGUST 28, 2022

The rest can be returned to the sender or recycled responsibly. This raises another question: with the resale market booming, is hyper-consumerism associated with fast fashion shifting to preloved fashion? Fast (preloved) fashion. Is that a concern? Maybe, but it’s not a simple question.

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Fast Fashion Fashion Thrift Store Shipping 130

Inside Retail

JUNE 7, 2021

Uniqueness is one of the most coveted elements of fashion for many style-conscious shoppers, and in a world drowning in new brands, buying vintage or resale is the best option to find something truly special. “To The future of secondhand fashion. That has totally dissolved.”.

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Fashion Fast Fashion Marketing Accessories 246

Inside Retail

JANUARY 14, 2025

Meanwhile, NRFs vice president of industry and consumer insights Katherine Cullen, PwCs global retail leader Kelly Pedersen, Happy Returns chief operating officer Timothy Fehr and Pinterests director of consumer product marketing Rachel Hardy discussed emerging consumer trends in 2025.

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Fashion Returns Fast Fashion Social Commerce 130

Inside Retail

FEBRUARY 21, 2024

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.

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Fast Fashion Shipping Fashion Accounting 130