fast fashion

UK’s Sign of the Times to Expand Luxury Resale Platform
UK’s Sign of the Times to Expand Luxury Resale Platform
October 12, 2023  |  Retail

London-based luxury resale platform Sign of the Times, has recently received new investment from industry leaders, including BrandAlley and Sweaty Betty founder Tamara Hill-Norton. This investment round will...

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Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
October 03, 2023  |  Retail

Boohoo Group saw its shares fall Tuesday (Oct. 3) as it revised its earnings and revenue forecasts. The U.K.-based fast-fashion retailer’s strategy of lowering prices to...

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Will H&M’s New Return Fee Drive the Loyalty It’s Looking For?
Will H&M’s New Return Fee Drive the Loyalty It’s Looking For?
September 22, 2023  |  Retail

A growing number of retailers have introduced fees for online returns, and whenever a retailer adopts this strategy, it typically elicits a robust response from...

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Patagonia’s Merchandise Pivot Sparks Search for Sustainable Swag Solutions
Patagonia’s Merchandise Pivot Sparks Search for Sustainable Swag Solutions
August 31, 2023  |  eCommerce

When Patagonia exited the business of creating company swag, it was almost as if it was the end of an era of the unofficial uniform for finance...

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Shein and Forever 21 Forge Fast-Fashion Alliance
Shein and Forever 21 Forge Fast-Fashion Alliance
August 24, 2023  |  Retail

Chinese fast-fashion giant Shein has launched a partnership with American clothing retailer Forever 21. The collaboration, as detailed in a Thursday (Aug. 24) announcement, would allow Shein...

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Fast Fashion Brands Pivot to Repair Amid Sustainability Pressures
Fast Fashion Brands Pivot to Repair Amid Sustainability Pressures
August 01, 2023  |  Retail

Facing pressure to improve their environmental record, clothing makers want to repair customers’ worn garments. It’s a trend PYMNTS has been following since last year and the...

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Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
Report: Shein and Temu Fight Two-Front Battle for Fast-Fashion Market
July 30, 2023  |  Retail

Earlier this month, Chinese fast-fashion brand Temu sued rival Shein, accusing it of “intimidation.” That suit followed an earlier one filed in federal court in March in which...

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Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit
July 19, 2023  |  Legal

The rivalry between two Chinese online retailers spilled over into U.S. federal court. In an antitrust suit filed in Massachusetts last week, Temu accuses fast-fashion...

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Report: Shein in Talks With NYSE and Nasdaq About IPO
Report: Shein in Talks With NYSE and Nasdaq About IPO
July 04, 2023  |  Retail

Online fast-fashion retailer Shein is reportedly working with investment banks about a possible public listing. The Chinese company has held talks with both the New...

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