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Boohoo rebrands to Debenhams Group as it shifts to marketplace model

Retail Gazette

The fast fashion brands saw a 21% drop in sales from 1.2bn to 94m year-on-year. The business has also promoted Debenhams finance director Phil Ellis to the role of new chief financial officer, replacing Stephen Morana with immediate effect.

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How Australian swimwear brand Sheila is helping women reclaim their narrative

Inside Retail

When asked if the added costs of having an inclusive size range were ever a deterrent for Sheila, an excuse used frequently by fashion brands, Barrins said she hasn’t found it to be the case. “I I think that if there are established brands that have the backing and have finances, this is not at all hard.

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Institchu’s new tech makes custom tailoring a good fit for any retailer

Inside Retail

“We knew that the key was technology to support the supply chain, so from day one, we’ve invested heavily in building proprietary technology that’s simple, fast and reliable,” he told Inside Retail. For retailers offering custom options, returns are also less than 2 per cent, compared with over 30 per cent at traditional brands.

Apparel 243
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5 Lessons from the Bob’s Stores Bankruptcy

Retail TouchPoints

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.

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When 62% of Shoppers Expect Their Cost of Living to Increase, Retailers Must Focus on Value and Experiences

Retail TouchPoints

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.

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How Resale is Driving the Reinvention of Luxury Retail

Retail TouchPoints

Gen Z] has this massive demand for luxury fast fashion , what we now call the ‘affordable luxury’ sector. Additionally, this generation has a more educated and proactive approach toward finances than perhaps any other previous generation. Look at brands Sandro and Maje.

Consumer 306
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Analysis: Why does Shein continue to escape scrutiny?

Inside Retail

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. Inclusive fashion.