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Shein: Closing tax loophole won’t hurt our competitive advantage

Retail Gazette

However, Tang said changes to the tax rules in North America wouldn’t have a major impact on the fast fashion giant’s market position, The Business of Fashion reported. The executive chair said Shein would like to see any changes reflect taxes on the wholesale price when goods enter the country, rather than on the retail price.

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Moss Bros launches menswear subscription service

365 Retail

If the customer finds what Moss Bros calls “a keeper” there is the option to buy for up to 50% off the retail price. He added that the Covid-19 pandemic has seen a shift in trends towards sustainable fashion and a move away from the fast-fashion culture of the past, as shops were shut.

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Why sales of fine jewellery during Covid defied expectations

Inside Retail

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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How made-on-demand manufacturing is transforming the fashion industry

Inside Retail

Hear the phrase ‘fashion waste’ and most people immediately associate it with the fast-fashion industry producing products with short lifespans, ultimately destined for landfills. The retailer doesn’t sit on stock,” added Dean. There’s no rush for them to always get rid of any markdowns.

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‘More is more’: Q&A with Camilla CEO, Jane McNally

Inside Retail

Some of our prints sell in the second-hand market for higher than the original retail price, so customers are making an investment. I know that you work hard, particularly through Australian Fashion Week, which must be a crazy time as you get things prepared for the runway. They’re collectible.

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess? Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value.

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess? Whether it’s fast fashion or high-end brands, at the end of the day, the goal of a business is to maximize shareholder value.