Remove Fast Fashion Remove Finance Remove Returns
article thumbnail

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
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. return that could then be reinvested in another friend’s business concept.

Consumer 306
article thumbnail

10 retailers cutting jobs in 2025

Retail Gazette

The reshuffle will impact some buying department positions, including non-food, finance and some back-office functions. In The Style Fast fashion retailer In The Style slashed at least 17 roles at the end of February ahead of its collapse this month. The business narrowed its pre-tax losses to 374.5m loss the year prior.

Fashion 101
article thumbnail

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.

article thumbnail

The collapse and rebirth of UK fashion giant Missguided

Inside Retail

Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fast fashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. The group also announced that Passi would be returning as CEO of the company.

Fashion 130
article thumbnail

What on earth’s going on at Boohoo?

Retail Gazette

It’s not the first time the embattled fast fashion retailer has made such a u-turn. Changes on the horizon In another development for the business, this week, Boohoo-owned PrettyLittleThing’s founder Umar Kamani revealed he was returning to the fast fashion retailer, vowing to make the brand special again.

ATS 114