fast fashion

Zara Parent Invests in Tech as Sales Climb
Zara Parent Invests in Tech as Sales Climb
March 15, 2023  |  Retail

Fast fashion giant Inditex is investing in technology after reporting strong 2022 sales. The Spanish clothing company, whose brands include Zara, said in its yearly...

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Sustainable Fast Fashion Underpins New H&M Pre-Loved Store on thredUP
Sustainable Fast Fashion Underpins New H&M Pre-Loved Store on thredUP
March 14, 2023  |  Retail

The fast-fashion wars are opening an unlikely new front — the resale space — as retailer H&M and fashion reCommerce platform thredUP disclosed a new partnership...

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Shein Plans IPO Amid Multi-Sided Fast Fashion Fight
Shein Plans IPO Amid Multi-Sided Fast Fashion Fight
March 09, 2023  |  Retail

Fast fashion giant Shein is reportedly raising $2 billion as it prepares to go public. The Chinese online retailer has drawn investments from the United...

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Wish Seeks Escalation of Fast-Fashion Wars Amid Q4 Pummeling
Wish Seeks Escalation of Fast-Fashion Wars Amid Q4 Pummeling
February 24, 2023  |  Retail

Fast-fashion eCommerce marketplaces including Wish, Shein and relative newcomer Temu are reeling as inflation presses down and consumer buying behavior shifts, creating a drag on...

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Shein Sees Its Fast Fashion Sales Eclipsing Zara and H&M Combined
Shein Sees Its Fast Fashion Sales Eclipsing Zara and H&M Combined
February 17, 2023  |  Retail

Shein is reportedly telling investors that it plans to double its revenue by 2025. The Financial Times (FT) reported Friday (Feb. 17) that the online...

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Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
Shein Rival Temu Uses Super Bowl to Enter Fast-Fashion Fight
February 13, 2023  |  Retail

The fast-fashion world’s four-way battle could have a fifth player in Temu. The eCommerce company has been operating in the U.S. since last year but...

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H&M Earnings Slump as Fast-Fashion’s Four-Way Fight Takes a Toll
H&M Earnings Slump as Fast-Fashion’s Four-Way Fight Takes a Toll
January 27, 2023  |  Retail

The fast-fashion wars got intense in 2022 as relative newcomer Shein outpaced a competitive set, including H&M, Uniqlo and Zara, setting up a battle for...

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Fast Fashion’s Hot New Player Shein Not Immune to Economic Strife
Fast Fashion’s Hot New Player Shein Not Immune to Economic Strife
January 18, 2023  |  Economy

Shein is reportedly considering a funding round that would lower its market valuation by a third. The Financial Times (FT) reported Wednesday (Jan. 18) that...

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Fast-Fashion Giant H&M’s Sales Reflect New Competition
Fast-Fashion Giant H&M’s Sales Reflect New Competition
December 15, 2022  |  Retail

H&M’s struggles continued this week with sales figures suggesting increased pressure from fast-fashion rivals. The Swedish retailer said Thursday (Dec. 15) that net sales for...

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