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Resale Continues to Rise: Global Secondhand Sales to Hit $350B by 2027

Retail TouchPoints

secondhand apparel market is projected to reach $70 billion by 2027; globally the secondhand market is set to nearly double by 2027, reaching $350 billion. ThredUp launched a fast fashion helpline in 2022. In fact, one in three apparel items bought in the last 12 months in the U.S. As a result, the U.S.

Apparel 277
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How Uniqlo Plans to More than Triple its North American Store Count by 2027

Retail TouchPoints

Uniqlo reportedly plans to expand its North American footprint by 10% by opening 20 to 30 stores annually to reach 200 locations by 2027, Daisuke Tsukagoshi, CEO of Uniqlo North America told Reuters. The Japanese retailer currently has 47 stores in the U.S. The Japanese retailer currently has 47 stores in the U.S. The first four U.S.

Fashion 289
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Uniqlo’s 2024 Plans: 20+ New Stores in North America

Retail TouchPoints

and Canada in 2024, including debuts in new markets for the fast fashion retailer. In May 2023 , Uniqlo, which opened its first North American location in 2005, revealed its plans to reach 200 North American locations by 2027. Uniqlo will open more than 20 stores in the U.S. Tacoma Mall, Tacoma, Wash.

Fashion 264
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Luxury Brands Including Kering, Neiman Marcus Flee Farfetch in Wake of Sale to Coupang

Retail TouchPoints

A group of Farfetch shareholders, calling themselves the 2027 Ad Hoc Group, were vehemently opposed to the Coupang deal and put forth a last-ditch effort to scuttle the sale in late January, but their efforts were in vain.

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Artificial Intelligence in Fashion Markets: Introduction of Natural Language Programming

Digital Doughnut

The artificial intelligence in fashion markets is anticipated to account to US$ 270.0 during the forecast period 2019 – 2027, to account to US$ 4,391.7 Mn by 2027. Mn in 2018 and is expected to grow at a Car of 36.9%

Fashion 59
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Uniqlo plans more than 20 new stores in North America in 2024

RetailDive

The Japan-based fast fashion company is expanding its retail presence in the U.S. and Canada and expects to have 200 locations open by 2027.

Fashion 125
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Beyond Yoga to Enter B&M With Pop-Up Experience in L.A.

Retail TouchPoints

Guests will be given complimentary set of Bala bangles (June 28, 7 p.m.) ; Fashion Mamas founder Natalie Alcala will host a Moms Meet-up during which moms will be invited to participate in a portrait session with beauty touch-ups by Rare Beauty (July 15, 10:30 a.m. Complimentary BY x Pressed Juice will also be served (June 25 to 26, 12 p.m.

Fashion 297