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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Inside Retail

MARCH 27, 2025

Here, we speak with #6, Babyboo co-owner and managing director Will Conditsis, about balancing rapid growth and profitability and repositioning the brand from ‘fast-fashion’ to ‘premium’ He also shares the top profession al skill he would still like to develop.

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Inside Retail

MARCH 4, 2025

However, after several years of diminishing sales in an increasingly competitive fast-fashion market, rumors have been spreading about Forever 21 declaring Chapter 11 bankruptcy for the second time. As Global Datas managing director Neil Saunders explained, Forever 21 has been battered by the rise of Shein and to a certain extent Temu.

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Inside Retail

MAY 23, 2024

A new study demonstrates how AI can revolutionise fast fashion by improving supply chain efficiencies and in turn reducing the industry’s carbon footprint. The fast fashion industry is valued at US$2.5 trillion and employs some 75 million people, however, its economic impact is underscored by its environmental pollution.

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Retail TouchPoints

OCTOBER 31, 2023

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. Missguided will be managed through the joint venture, and its collections will by manufactured by Shein. Missguided products will be sold as an independent brand on Shein sites as well as on Missguided.com.

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Retail TouchPoints

MARCH 13, 2025

She noted that while reverse logistics in particular is very complex, Goodwill has developed and perfected the infrastructure to help manage that, while offering alternative paths to circularity. Were increasingly over-consuming, largely due to fast fashion, so we need solutions for textiles, Kobe noted.

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Retail TouchPoints

JUNE 24, 2022

In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers. The fashion industry must also place great focus on creating sustainable fibers and launch chemical management programs.

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Retail TouchPoints

MARCH 28, 2025

AI also is good for improving the predictability level of inventory management. The ease of doing that, and removing that human part, creates a whole different level of inventory management. RTP: Taking a longer view of AI, what do you think will be some of its biggest impacts between now and the end of this decade?

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Retail TouchPoints

JUNE 6, 2022

The fast fashion company first fell into financial difficulties in fall 2021 but was saved when private equity firm Alteri stepped in to buy a controlling stake. with companies including Authentic Brands Group and Brookfield Property Management picking up retailers like Reebok , Forever 21 and potentially Kohl’s.

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Inside Retail

MAY 15, 2023

To what extent can fast fashion brands make inroads in their sustainable practices and reduce their textile waste without fundamentally changing their business and operating model? This further fuel[s] their hyper-fast fashion model.”

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Retail TouchPoints

SEPTEMBER 8, 2023

Just in time for New York Fashion Week, the iconic, now defunct luxury department store Barneys New York has made its return to fashion, albeit not in a way that many of the brand’s devotees would have imagined. Fast fashion retailer Forever 21 has released a limited-edition collection featuring the Barneys brand.

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Retail TouchPoints

JUNE 15, 2022

The fast fashion retailer initially re-entered China for the third time in August 2021 through online platforms Vipshop and Pinduoduo. to manage Forever 21’s China operations. Forever 21 will expand its presence in China with a physical store slated to open later in June 2022, according to a WeChat post seen by Reuters.

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Inside Retail

JUNE 2, 2021

Fast-fashion giant H&M is to close its high-profile store at Westfield Bondi Junction in Sydney’s eastern suburbs, unable to agree on lease terms with owner Scentre Group. H&M country manager Thomas Coellner said in a statement that the decision was made following a global review of sustainable store operations. “At

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Inside Retail

JULY 28, 2024

Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. per cent of sales.

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Inside Retail

JUNE 2, 2021

Fast-fashion giant H&M is to close its high-profile store at Westfield Bondi Junction in Sydney’s eastern suburbs, unable to agree on lease terms with owner Scentre Group. H&M country manager Thomas Coellner said in a statement that the decision was made following a global review of sustainable store operations. “At

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Retail TouchPoints

AUGUST 6, 2024

Shein uses user data insights to predict what products customers will want in the future, effectively taking fast fashion to the next level. million products to its catalog daily, compared to 35,000 products a year for the fast fashion retailer Zara.

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Retail TouchPoints

JUNE 2, 2021

Depop’s world-class management team and employees have done a fantastic job nurturing this community and driving organic, authentic growth in a way that aligns well with Etsy’s DNA and mission of ‘keeping commerce human.’ reaching $64 billion and ultimately becoming twice the size of the fast fashion sector globally.

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Inside Retail

JUNE 21, 2022

An American freelance artist has sued Chinese fast-fashion retailer Shein for US$100 million, alleging the company copied her artwork without permission. Stephenson’s filing argues that by using Shein’s name and logo on the product’s packaging, Shein has added “false” copyright management information. “In

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Retail TouchPoints

NOVEMBER 10, 2021

These struggles to improve manufacturing processes are most visible in the textiles industry given the “fast fashion” trend — rapidly producing large volumes of inexpensive garments designed to capitalize on style trends. Sanjay Tugnait is the Chief Market Maker and Global Managing Partner – Sustainability Practice for IBM Consulting.

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Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Take for example Ingka Group , a strategic partner in the IKEA franchisee system, which acquired approximately 60,000 acres of forestland in Oklahoma and Texas to boost its responsible forest management.

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Retail TouchPoints

JUNE 8, 2022

She previously served as CMO of The RealReal from 2012 to 2019 and owned Anica Boutique , a fashion and home store. Julian has served as CFO since 2021 and has over 30 years of financial management experience in both public and private companies. The RealReal has struggled to reach profitability despite strong sales growth.

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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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Inside Retail

OCTOBER 30, 2023

Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Missguided will be managed through the joint venture, and its products will be manufactured by Shein.

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Retail TouchPoints

APRIL 19, 2024

RFID Technology and Sustainability RFID technology is the key for retail businesses to unlock greater sustainability and efficiency in their supply chain management. In this way, RFID technology can allow retailers to manage their inventory better and ensure that resources are only being used for products that sell.

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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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Inside Retail

SEPTEMBER 9, 2024

The main lesson here for other designer fashion businesses is the importance of adapting, innovating, and financially managing for resilience in a competitive global market,” Iacono concluded.

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Retail TouchPoints

AUGUST 2, 2024

TJX later acquired the company and then sold it to venture capital firms Crystal Capital and Versa Capital Management. Increased Competition Over the past few years, small- and medium-sized fashion and footwear retailers have faced intense competition from all sides. So, what happened?

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Inside Retail

MAY 30, 2023

Rosanna Iacono, advisor and managing partner at The Growth Activists, noted that Asos offers up to 60,000 different products for sale at any given time, so the 180 outfits that are available to rent are a very modest start. 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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Inside Retail

JUNE 30, 2024

Compared with ten years ago, when I was on the retail side as a store manager, the amount of customisations that girls want, and the amount of changes on a dress, have increased because now everyone is ‘special’,” White explained. It has it all.”

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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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Inside Retail

FEBRUARY 20, 2025

The fashion industry, in particular, has come under scrutiny for its environmental impact for some time, with Australia alone discarding 222,000 tonnes of clothing annually into landfill. As a result, consumers are turning and looking to second-hand shopping as a more sustainable alternative to fast fashion.

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Inside Retail

MAY 12, 2021

Where fast fashion has been such a ‘go-to’ for ‘treat yourself’ spending, the longevity of such pieces weighs on spenders today. Therefore, instead of spending in volume at lower cost with fast fashion, people are looking to timelessness, rarity and longevity.”.

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Inside Retail

FEBRUARY 2, 2024

Meet the fashion dropshippers Global fast fashion retailer Asos offers a Partner Fulfils program. Essentially a form of dropshipping, this has helped Asos expand its range without the hassle of inventory management. And, of course, for the marketplace, it reduces the risk of carrying inventory that might not sell.

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Retail TouchPoints

JUNE 26, 2023

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences. Doesn’t that sound amazing?!

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Inside Retail

FEBRUARY 9, 2022

Melbourne-based e-commerce platform Airrobe launched three years ago with the mission to bring the circular economy into mainstream fashion. Your customers can then add their items to the circular wardrobe, then we take over and manage the entire peer to peer marketplace. The reality with fast fashion is it’s achievable.

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Inside Retail

OCTOBER 29, 2024

This is probably because consumers are more interested in continuing to get technically superior and trendy clothes (and cheap ones in the case of fast fashion), than they are in environmental or social impacts. Lululemon is pumping out strong revenue growth, particularly internationally.

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Inside Retail

OCTOBER 2, 2024

“It is quite the milestone, it does mean we’ve officially taken the designer crown of being the longest-running consumer fashion event in Australia,” Matthew Flinn, MFW senior manager, told Inside Retail.

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