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
Arrive Recommerce will be responsible for receiving and inspecting inventory, assigning value and shipping items directly to customers. By extending the life of our garments, we’re not only offering a wide variety of gorgeous dresses but also taking a meaningful step toward a more sustainable future for fashion.”
She is SVP at the 65- year-old company, which supports and operates shipboard retail stores on nearly 100 ships operated by 15 cruise lines. Shaw: Its going to be very similar to what were doing on ships. For example, we have a fashion jewelry brand that sells very well across both mainstream and premium cruise lines.
As discount shopping app Wish continues its comeback effort , parent company ContextLogic outlined its plans for 2023 at a summit for its merchants — including a major overhaul of the platform’s shipment pricing structure in order to bring down shipping costs for customers.
For decades, there have been continued debates surrounding sustainability and the fashion industry’s position in implementing and maintaining a sustainable value chain, where renewable resources from the environment can be continually used and human rights are protected. An Eco-Conscious Journey. Shifting Attitudes Across the Industry.
In addition to rapid advances in AI that have brought the technology into the mainstream, Stitch Fix also has struggled to maintain its first-mover advantage in the world of subscription fashion, with a host of new entrants pulling away clients and market share. But share prices continued to slide and they remain low.
Additionally, it’s likely SHEIN was looking for a sustainability-focused facelift ahead of a planned U.S. with plans to expand it globally next year. This pilot version is part of SHEIN’s larger commitment to address the ongoing issues of textile waste and build a more circular fashion industry.
To date, only three UK retailers have ever made it into the 1bn profit club – and fashion giant Next has just become the fourth member. In fact, the retail boss seems to downplay that Next is only one of two fashion retailers to ever hit the prestigious 1bn threshold. growth in sales. Fluke or form?
The season also marked the continuation of trends first seen during Black Friday and Cyber Monday sales, with Black Friday setting the tone for a practical and planned-out festive period. Early promotions captured a significant share of the festive budget, allowing consumers to plan purchases while taking advantage of discounts.
Australian fashion tech business Azura Fashion Group is banking on the booming circular economy for growth. Azura Fashion Group was born out of the uproar caused by Burberry’s revelation in 2018 that it had destroyed millions of dollars worth of excess stock, rather than sell it at a discounted price, to protect its brand image.
Inside Retail : Cue is one of Australia’s longest-standing fashion brands and it has such a rich history. Upon arriving home and sensing a gap for youth-driven fashion in the market, he decided to capitalise on that and started printing The Beatles t-shirts for the group’s fan club in Australia.
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.
For example, a fashion store may sell winter clothing in the Northern Hemisphere while offering summer apparel to customers in the South. They want seamless experiencesfrom clear product information and localised payment options to transparent shipping costs and easy returns. However, these challenges are not insurmountable.
Cargo Crew specialises in custom-made uniforms designed for hospitality, retail, corporate and a range of other brands, and stands out in a competitive field by fusing fashion with functionality. Felicity Rodgers told Inside Retail that Cargo Crew developed out of a fashion label she co-created straight from university.
The ‘secret sauce’ for Sheet Society is bringing the look, feel and shopping experience of clothes fashion to manchester and bedding. We saw a gap in the market for bedding that was an extension of your personal style, just like fashion. IR: What are your plans for Sheet Society in the coming 12-18 months?
Chinese fashion retailer Shein is reviving plans to list in New York this year and its founder is considering a citizenship change to bypass proposed tougher rules for offshore IPOs in China, two people familiar with the matter said. Both sources declined to be named as the plans are confidential. Valuation jump.
Then, as part of our longer-term plan, we will look to expand to other locations. The concept stores will provide us with the ability to ship from store, and ship to door. The plan is to support the concepts with outlets in similar areas.
thanks to on-trend discount offerings enabled by its real-time fast fashion model. The company has been able to cut the time from product design to shipping from three weeks to five days, allowing it to offer an evolving slate of the latest of-the-moment trends. Shein has enjoyed a meteoric rise in the U.S. 1 shopping app in America.
The plans were revealed along with the group’s annual result which saw a $33.5 million items shipped. The new ones in planning will be located largely in regional areas. The post Mosaic plans 40 new mega stores after network cull spurs profit turnaround appeared first on Inside Retail. million last year to EBITA of $17.1
Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.
As the resale market continues to grow, leading fashion and sneaker reseller StockX is taking steps to improve the process of buying and selling authenticated, pre-owned products online. Last week, the Detroit-based company launched Xpress Ship, a new feature that shortens the shipping time for verified items to three business days.
A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” The trade-off is long shipping times, another thing Wish is working hard to improve. Reducing shopping and shipping friction.
Farfetch was a sector leader with roughly $4 billion in annual transaction volume and a global brand in luxury fashion. Having acquired UK-based luxury fashion retailer Farfetch for $500 million in early 2024, Coupang has implemented significant operational changes.
Dutch fashion brand Scotch & Soda has selected Nedap Retail as a strategic RFID partner for Europe and North America. It allows us to increase our online sellable stock, as we do not necessarily need to ship from our distribution centers anymore. Scotch & Soda will deploy Nedap’s !D
When Decjuba was born in 2008, it was with a mission to make effortless fashion accessible. In the ensuing 16 years, it has opened 150 stores in Australia and New Zealand and now ships its clothing internationally through its burgeoning e-commerce presence. As it grew, it was essential to never lose sight of its mission.
Prior to that role, he led NMG’s digital and in-store retail operations as Chief Retail Officer, where he drove enhancements to the customer experience through the creation of personalized and memorable experiences for customers in-store and online, including style advisor matching, virtual appointments, in-store pickup and virtual fashion events.
Fashion Retail’s Looming Cash Crunch. Across the industry, nearly half of global fashion brands do not commit to paying for finished orders, which causes a huge liquidity problem for suppliers. The high probability of a second wave of infections this fall only adds to the uncertainty and risk.
In just two years, the adaptive fashion brand Christina Stephens has grown retail revenue fourfold by tapping an underserved market for stylish clothes that meet the unique needs of people with disabilities. Yet, the proportion of beautiful, quality, and on-trend fashion available was vastly lacking.”.
The company plans to add more than 100 additional stores in the U.S. in the next five years and also has its sights set on international expansion, with plans to launch omnichannel operations in key markets in Western Europe and Asia Pacific next year as well as an innovation center in Taiwan.
From household name brands declaring bankruptcy, to Amazon consolidating its ecommerce dominance, to curbside delivery options becoming a coveted competitive differentiator across categories ranging from electronics to grocery to fashion, the landscape for retailers looks radically different than it did 12 months ago.
The stores opening represents more than a milestone in Staxs physical retail expansion; it is the culmination of years of strategic planning, innovation and adaptability. Less of the DIY screen printing and more of the fashion elements and what I think women were looking for and what was lacking in the brand, Matilda said.
Chinese fashion company Shein is significantly ramping up its marketing efforts in South Korea to capitalise on the country’s burgeoning e-commerce sector. It’s impossible to ignore Shein’s entry, and fashion marketplaces which also make money from hosting third-party sellers will probably be affected first,” Kustosz-Lee said.
Unlike fashion, the technology industry doesn’t often look to trends and ideas from the past to define its future. For customers, looking up inventory online before driving to the store, reserving an item for pickup, ordering on the same day, curbside delivery or receiving orders shipped from the stores has become the norm.
I studied a Bachelor of fashion and textiles and from there I started doing market stalls and that’s the first iteration of the formal business side of things,” she said. Whilst we’ve always shipped to the UK, it wasn’t optimised for the customer.” “If
For years, fashion retailers have faced mounting pressures from both customers and employees to evolve. More recently, there’s been a strong urgency expressed for automation and robotics by fashion retailers for better throughput of parcels from warehouses to parcel carriers. By 2025, the value is said to reach well over $1.2
The biggest corporate push has been in fashion, and it’s working: 75% of its private label brands are in fashion, and according to Amazon (see exhibit below), fashion private label sales account for 9% of its total fashion first-party (meaning direct or 1P) sales.
In an effort to reduce sizing-related return rates, some fashion brands are working with Fit:Match.ai, a ‘digital twin’ matching platform that uses AR body-scanning technology designed to help shoppers select their size more accurately. This is just one example of how companies are utilizing technology innovations to prevent returns up front.
Now, NMG has acquired a minority stake in Fashionphile and plans to open Fashionphile Selling Studios in an additional nine stores over the next nine months. Customer who sell their luxury products to Fashionphile have the option of receiving payment in the form of a Neiman Marcus gift card and receive a 10% discount on the gift card value.
In fact, 51% of consumers said they would be willing to pay more for products shipped through sustainable methods, up significantly from just 15% of consumers in December 2023, according to a new survey from Radial.
Express’ ability to avoid bankruptcy hinges on whether its lenders will agree to provide more liquidity or loosen repayment options, and whether the company’s vendors will continue shipping goods without tightening payment schedules, the sources told WSJ.
Your clients’ websites must clearly communicate how inventory can be delivered, arrival time frames, and what different shopping and shipping options cost. Undertake the following: Create a sitewide banner that boldly announces purchase-by dates for remote holiday shipping to prevent consumer letdown and brand reputation damage.
But while Temu and Wish both operate as manufacturer-to-consumer marketplaces and offer a wide range of merchandise, from homewares to apparel, Shein operates more like a traditional retailer and focuses solely on fashion. For the latest round of funding, Shein reportedly cut its valuation by one-third from a year ago, to $64 billion.
Fresh off its biggest capital raise to date, peer-to-peer fashion rental platform Designerex is gearing up for a period of rapid growth that will see it launch one-hour delivery in Australia, enter the UK and Europe and start working more closely with brands to reach new customers. That’s more than David Jones or The Iconic.
When Jennifer Hyman and Jenny Fleiss started Rent the Runway , they wanted to disrupt the fashion industry. Now, as the company’s 15th birthday nears, Hyman has unveiled her plans to “reinvigorate” the business heading into 2025 and beyond.
At a time when renowned athleisure brands like Lululemon are struggling , Vuori is continuing to ride its rocket ship to growth. When thinking about our vision for the future of the business, our plan is to grow our community through bringing our retail experience to as many international markets as we can.
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