article thumbnail

Shein Designer Incubator Program Showcases Sustainable Fashions

Retail TouchPoints

We’re excited to open this up to our Shein X designers and beyond, and to hopefully inspire the next generation of sustainability-conscious fashion creators.” This month, Shein announced it would invest an additional $50 million in the program over five years , bringing the company’s total investment to $105 million through 2028.

Fashion 258
article thumbnail

5 Things for Apparel Brands to Know About the Circular Economy

ESW

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. What is the impact of these activities? billion by 2026.

Apparel 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Start a Clothing Line (Tips From 13 Fashion Pros)

eCommerce CEO

Even if you don’t know how to sew a stitch, you can still launch a successful fashion business. This step-by-step resource includes tips from over a dozen fashion pros and CEOs. Fashion Business 101. The fashion industry has recorded steady growth over the years. CAGR from 2018 – 2028. Research shows a 7.1%

Clothing 101
article thumbnail

The Power of Storytelling: How These 3 Footwear Brands Are Winning The Market

Talkoot

The Global Footwear Market: An Overview After being buffeted by the pandemic and accompanying supply chain disruptions, the footwear industry has bounced back and is now projected to grow at a CAGR of 5% and hit $314.2bn by 2028.

article thumbnail

2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

trillion by 2028, and companies who want to “cash in” on the industry need to be prepared. In fact, only 1% of fashion and apparel brands achieved their shipping speed goals. Currently, the global ecommerce market is expected to reach a value of around $58.74

article thumbnail

Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

Source: ThredUp 2024 Resale Report In 2023, global sales of secondhand apparel reached a staggering $197 billion (up 18% from $167 billion the year before), and ThredUp projects that figure will reach $350 billion by 2028. alone, secondhand apparel accounted for $43 billion in sales in 2023, and it’s expected to reach $73 billion by 2028.

Apparel 278