Retail TouchPoints

JUNE 28, 2022

The secondhand product market, particularly for fashion retail, is red hot. secondhand product sales are expected to rise 200% by 2026 , to $82 billion. The secondhand fashion market specifically is predicted to grow by 127% by 2026, three times faster than the global apparel market overall. In the U.S.,

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Retail TouchPoints

JUNE 9, 2022

The new investment will help Recover increase its production to more than 350,000 metric tons of recycled cotton fiber per year by 2026, saving up to 5 trillion liters of water annually — the equivalent of the drinking water consumed by over 4.5 billion people each year.

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Retail TouchPoints

JUNE 26, 2023

After spending the first part of her career in fashion and brand strategy, working with brands like Donna Karen , Dr. Scholls , Elizabeth Arden and Urban Decay , in 2004 she co-founded the digital native brand Cameron Hughes Wine (CHW), which “really became kind of the Warby Parker of our industry,” she said.

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Retail TouchPoints

JANUARY 12, 2024

trillion by 2026, more than doubling its current value. The Multichannel Marketing Report 2023 shows Facebook consistently outperforming the former king of online sales, Google Shopping, in a number of categories, including fashion apparel.

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RetailWire

MAY 15, 2023

expansion plans, but the fast-fashion retailer is now set on growing its store count from 13 to 60 by 2026. The novel coronavirus pandemic put a crimp in Primark’s U.S. “There is nobody who is doing what we’re doing around price, quality and value,” said Kevin Tulip, Primark’s U.S. president.

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365 Retail

FEBRUARY 8, 2024

We’re as committed as ever to offering the very best value on the high street and making great fashion more affordable and accessible for everyone. This latest investment will mean bigger and better stores, hundreds of new jobs across the country and shows our ongoing commitment to the UK high street.”

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Retail TouchPoints

MAY 6, 2021

Essentially warehouses for delivery or pickup of goods that sit closer to the customers, micro-fulfillment centers are expected to have a cumulative opportunity worth $10 billion by 2026, with more than 2,000 new centers, according to financial services company Jeffries. Some 300 of Tesco’s 7,200 stores fulfill orders in a similar fashion.

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ESW

JUNE 27, 2023

Every year, the industry, especially fast fashion, produces 92 million tonnes of textile waste , 3% of global CO2 emissions, and 20% of global waste pollution , contributing to the rapid deterioration of our planet. After its long reign, fast fashion is on its way out. billion by 2026. What is the impact of these activities?

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Retail TouchPoints

JULY 10, 2023

trillion in 2026, from $3.3 For example, Portugal-based startup Fashable is using generative AI to let fashion houses create virtual clothing designs without the need for physical fabric, eliminating the environmental impact of the clothing design process. And there’s plenty of money at stake.

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RetailMinded

JULY 7, 2022

With the sexual wellness industry expected to reach 65+ Billion by 2026. . I am thrilled to bring a much needed trade show experience to retailers small and large alike who are looking to curate an assortment of sexual wellness products for their one-of-a-kind stores.

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ROI Revolution

OCTOBER 24, 2022

In fact, US Pinterest advertising revenue has grown by over 5x since 2017, and by 2026, US ad revenue for the platform is expected to surpass $4 billion for the first time ever! Since emerging as an image re-sharing platform in 2010, Pinterest has emerged as a key marketing strategy component for many brands.

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Dynamic Action

JULY 7, 2023

Summary Fashion designers can use data to understand customers, make smarter decisions, and choose aesthetic options. Data science offers predictability and certainty in navigating the evolving fashion market. Investment in analytics allows merchants to focus on creativity and improve decision-making and profitability. McKinsey and Co.

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Retail TouchPoints

MARCH 22, 2023

The prize is a big one, with the global baby market expected to be worth somewhere in the neighborhood of $88 billion by 2026 — and Gordon is betting that she has the vision and street cred to flourish where others have failed. “I’ll Frida and Nanit.

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365 Retail

MARCH 8, 2023

For example, Alibaba’s virtual idol Noah appeared in a brand livestream by American fashion house Tommy Hilfiger in September 2022, nearly quadrupling the brand’s daily gross merchandise value (GMV) compared with an average day.

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Ecommerce Platforms

MAY 22, 2023

trillion by 2026. Additionally, 25% of participants in the study said they had spent more on sustainable fashion. Print on demand is quickly becoming the more sustainable alternative to fast fashion in the clothing industry, as it wastes fewer materials by ensuring products are only made after being ordered. trillion worldwide.

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Algopix

OCTOBER 24, 2022

By 2026, that number is expected to top $8 trillion, and you don’t want to miss out on your piece. The US-based social selling platform dubs itself as “stylish products for savvy customers” and is focused mostly on fashion, electronics, and home decor. . The eCommerce pie is growing. Open Sky (North America).

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365 Retail

JULY 9, 2021

Britain’s biggest retailer of Rolex, Cartier, Omega, Tag Heuer and Breitling watches said it believes the EU could account for between 5% and 8% of group revenues by 2026. Luxury retailer Watches of Switzerland has revealed plans to launch across Europe as it posted soaring annual profits (PA).

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Algopix

DECEMBER 18, 2021

According to Pet Gazette , online marketplaces are the biggest opportunity of growth for petcare brands, as the sector has been shifting to digital, and it is predicted that a third of global petcare sales will be eCommerce transactions by 2026.

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Inflow Insights

OCTOBER 25, 2021

These new payment methods, broadly known as “buy now, pay later” services or BNPL apps, are set to grow by 274% in the next few years , totaling nearly $1 trillion in transactions by 2026. Key Benefits: With a huge directory of fashion and personal care stores, the app is a good fit for fashion and beauty stores. .

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Frooition

MARCH 22, 2019

Fashion Rental. The fashion industry has a disastrous impact on the environment. Consider this in the context of increasing environmental concern from customers, coupled with increasing demand for fast fashion. Fashion rental is the perfect solution. Fashion rental is the perfect solution. billion by 2026.

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Retail TouchPoints

DECEMBER 29, 2023

Nike is a standout performer in the apparel market with the highest brand value of any mass apparel brand, approximately $110 billion, and in 2020 the global sneaker market was valued at approximately $79 billion , which is predicted to hit $120 billion by 2026.

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Omnisend

MAY 28, 2021

The fashion industry is ever-evolving. The operation and running of fashion ecommerce brands are continuously evolving and changing to adapt to customers’ demands. Similarly, recent research reveals that more than 50 leading fashion retailers noticed an apparent drop in their revenues. The Top Fashion Ecommerce Statistics.

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Pivotree Blog

JUNE 17, 2022

To illustrate this point, Elizabeth talks about a fashion retailer that built a manufacturing facility in South Africa. By 2026, an estimated 266B packages will be shipped per year, which will almost certainly have a negative environmental impact. Elizabeth also talks about the concern many Gen Zers have for the environment.

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Omnisend

DECEMBER 7, 2022

Right from general ecommerce trends, beauty and fashion ecommerce insights, to email marketing and mobile ecommerce , we have covered the key statistics that matter. trillion by 2026. Finally, it’s expected that ecommerce will make up 25% of total global retail sales by 2026, up from 19% last year. Fashion ecommerce statistics.

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OrderDynamics

APRIL 11, 2019

In the coming years, there will be growing shortages with an estimated shortfall of 175,000 truck drivers by 2026 , according to Bob Costello VP of the American Trucking Association. Simons is a comparatively small fashion retailer. Among other things, fueling this increasing cost is the driver shortages.

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Shipping Costs Shipping Retail Merchant Services 59

Retail TouchPoints

SEPTEMBER 3, 2021

The prize is a big one – due to increasing awareness about ocular diseases and a rise in the prevalence of vision abnormalities, Fortune Business Insights predicts that the global eyewear market will be worth nearly $179 billion by the end of 2026. In addition to being a health necessity, eyewear is also of course a fashion choice.

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Payoneer

FEBRUARY 22, 2023

The market is comprised of five major categories: Electronics & Media, Fashion, Furniture & Appliances, Food & Personal Care, and Toys, Hobby & DIY. The market is expected to grow by 25.5% in 2023, contributing to the global growth rate of 17.0%. The top ranking online stores in Nigeria Jumia.com.ng

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Fabric

JULY 13, 2023

billion by 2026: What is an example of omnichannel fulfillment? An example of omnichannel fulfillment is a fashion retailer that implements various types of fulfillment models to serve its customers across different channels. According to Insider Intelligence, U.S. BOPIS (click and collect) sales are projected to hit $99.36

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Retail TouchPoints

APRIL 25, 2023

according to eMarketer , that’s still equivalent to $17 billion , and Coresight Research expects that to grow to $68 billion by 2026. Poshmark Even as social media sites slowly nix their live shopping offerings, fashion resale marketplace Poshmark has added the feature to its platform with the debut of “Posh Shows” in the U.S.

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