Retail TouchPoints

APRIL 22, 2024

Consumer preferences are shifting as a result of increased awareness around environmental impacts, of fashion and ecommerce in particular. We are so pleased to welcome these leading fashion brands and brilliant innovators into the Canopy fold on Earth Day,” said Nicole Rycroft, Founder and Executive Director of Canopy in a statement.

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Forrester eCommerce

FEBRUARY 15, 2023

(guest blog post by Research Associate Victoria Manes) Luxury fashion brands continue to press ahead with their efforts to retain digitally mature luxury consumers. Forrester’s consumer surveys show that luxury consumers are spending more online compared to those who shop in the physical store.

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365 Retail

APRIL 25, 2023

It’s no secret that the retail industry has long been criticised for the toll it has taken on the planet – from production processes to consumption behaviors, and everything in between,” said Karla Martin, Global Fashion & Luxury Leader, Deloitte DTTL.

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Retail TouchPoints

APRIL 5, 2023

In fact, 58% of retail executives surveyed now say that a resale offering is table stakes , up six percentage points from 2021. ThredUp launched a fast fashion helpline in 2022. When we talk to and survey young shoppers they often say the same thing to us: ‘I am addicted to fast fashion, can you please get me off the drug?

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RetailMinded

FEBRUARY 17, 2021

Fast fashion, or clothing that is produced cheaply and en masse for disposable use, is on the decline. In 1989, the New York Times first used the words “fast fashion” to describe the strategy that Zara, a clothing retailer, used to bring designs to life in under 15 days. Behind the top that only costs $7.99

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Retail TouchPoints

APRIL 16, 2024

While recommerce in fashion receives the lion’s share of national attention, recent studies show that 77% of recommerce actually happens in categories outside of apparel, such as sporting goods,” said Brendan Candon, CEO of SidelineSwap in a statement. “We

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Retail TouchPoints

JULY 28, 2022

Saks OFF 5 TH and Rent the Runway have teamed up to provide Saks OFF 5 TH customers with access to pre-owned designer fashion. The partnership builds on the findings from a recent survey of Saks OFF 5 TH customers, which discovered than more than 70% of respondents had previously purchased pre-owned clothing, shoes or accessories.

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Retail TouchPoints

OCTOBER 16, 2023

For instance, a fashion retailer could create a quiz titled “Discover Your Ultimate Black Friday Style,” asking customers about their preferred clothing choices for holiday parties or winter getaways. Amplify insights through targeted surveys.

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Retail TouchPoints

SEPTEMBER 17, 2021

British online fashion and beauty retailer ASOS has laid out a comprehensive plan to achieve a detailed set of Environmental, Social and Governance (ESG) goals by 2030, including becoming net zero across its full value chain. and Germany.

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Retail TouchPoints

MAY 17, 2022

At the same time, the rental and fast fashion sectors are expected to remain relatively flat, and department stores, value chains and mid-priced specialty retail will lose ground. Value is always in fashion when economic uncertainty is high.”. Shoppers love the cheap thrills of fast fashion, but their conscience weighs on them.

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Retail TouchPoints

APRIL 7, 2023

Many shoppers are cutting back their spending under the weight of more than a year of inflation, but there’s still good news for the luxury industry — 62% of its shoppers plan to spend the same or more on luxury in the next three months compared to the last three months , according to Saks Fifth Avenue ’s Saks Luxury Pulse survey.

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Retail TouchPoints

SEPTEMBER 29, 2022

Further reinforcing this misalignment is the finding that only half of the senior retailer executives surveyed believe sustainability to be an important purchase consideration for consumers — a stark contrast to the three-quarters of consumers saying it is “somewhat” or “very important” to them. Greater demand forecasting. Recommerce.

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Retail TouchPoints

NOVEMBER 10, 2021

Seven in 10 retail and CPG executives surveyed believe their sustainable development goals (SDG) can now improve operational effectiveness and agility. Fewer than one-third of retailers and CPG companies surveyed by IBM have defined ways to measure their sustainability goals. Key Challenges in Measuring Sustainability.

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Retail TouchPoints

APRIL 21, 2023

For years, fashion retailers have faced mounting pressures from both customers and employees to evolve. More recently, there’s been a strong urgency expressed for automation and robotics by fashion retailers for better throughput of parcels from warehouses to parcel carriers. By 2025, the value is said to reach well over $1.2

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Retail TouchPoints

JANUARY 11, 2022

In a survey of 750 executives, Deloitte found that nearly two-thirds of organizations had to cut back on environmental sustainability efforts due to the pandemic and resulting economic downturn. The COVID-19 pandemic accelerated many things in the business world, but one item that temporarily fell off the priority list was sustainability.

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365 Retail

MAY 5, 2021

Online shoppers abandon more than £100 worth of goods in baskets every month on average, a survey has found. Typically, people have just under seven items in their basket when shopping online, the survey found. Fashion shoppers were the most fickle, with seven in 10 abandoning purchases. “For

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Retail TouchPoints

JULY 3, 2023

The formal rule proposal follows a series of case-by-case enforcement actions taken by the FTC, including a settlement with Fashion Nova for $4.2 A recent survey of 13,000 consumers by PowerReviews found that eight out of 10 U.S. Consumers are increasingly concerned about the proliferation of fake reviews.

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Retail TouchPoints

SEPTEMBER 27, 2023

Photo credit: adobe.stock) The traditional sales funnel sees consumers move in an orderly fashion from awareness of a brand or product to engagement and discovery (also called the consideration phase), then on to conversion and finally loyalty. They’re checking their email, browsing social, listening to music, even playing games.

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Retail TouchPoints

FEBRUARY 8, 2023

” One-to-One Services Spark Fashion Surprises Christeson founded Argent following an extensive corporate career. Argent’s position at the intersection of comfort , fashion and professionalism gives the brand a unique advantage. “We We’ve never seen demand like this.

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Retail TouchPoints

DECEMBER 21, 2020

Additionally, a survey by Curalate found that 65% of U.S. Many Poshmark sellers are also influencers on the platform — they use Poshmark to create their own fashion brands, engage directly with followers and develop aesthetic and rapport,” said a Poshmark spokesperson in an interview with Retail TouchPoints.

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Retail TouchPoints

MAY 27, 2020

Walmart continues its mission to elevate its reputation in fashion with its new ThredUP partnership, which gives e-Commerce shoppers access to secondhand merchandise across the full spectrum of prestige — from luxury names such as Chanel and Prada to middle-market Ann Taylor LOFT and Lands’ End to affordable Old Navy and fast-fashion leader H&M.

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Retail TouchPoints

MAY 31, 2022

One surprising finding from our survey confirmed that consumers have high expectations for ecommerce brands: 93% expect the online experience to be at least equal to, if not better than, in-store. The report noted a 9% uptick in spending by female Gen Zers which led the growth, and not only in fashion purchases. The Gen Z Factor.

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Retail TouchPoints

NOVEMBER 25, 2020

Beyond this incentive, a survey by Klarna found that 79% of U.S. Saks OFF 5TH’s adoption of Klarna coincides with the launch of the retailer’s newly enhanced athleisure assortment — a category that makes up more than 90% of the top wish-listed items in the fashion category on the Klarna app.

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Retail TouchPoints

JANUARY 10, 2022

“It’s no secret that millions of tons of clothing and shoes are incinerated or sent to landfills each year, and changing this will require changing the ways that we think about creating and buying fashion.”. Resale is an increasingly hot market for retailers, with a projected value of $47 billion by 2025 , according to ThredUP.

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Sailthru

MARCH 11, 2019

Surveying 200 retailers, Sailthru found that 66% consider increasing revenue from email to their highest-priority metric. That’s why we created this guide to Increasing Revenue from Email, highlighting those that consistently deliver the best results in every category from apparel and fashion to lifestyle and speciality retail.

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PFS

DECEMBER 18, 2019

This ‘fast fashion’ phenomenon continues to cause a significant shift within the fashion industry. A survey reported in The Standard , found the average consumer is buying twice as many clothes each year compared to just a decade ago. So, what are the key considerations for brands looking to strike the right balance?

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Retail TouchPoints

SEPTEMBER 22, 2021

Vero is looking to transform the primarily mall-based retailer into “a global fashion brand powerhouse where customers can express themselves through a wealth of products” beyond just jewelry and accessories, according to details shared with Retail TouchPoints. The next set of Cdrop boxes is slated to debut in December 2021.

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Retail TouchPoints

NOVEMBER 8, 2022

A 3D modeling technology like True Fit, used in most online fashion sites, allows the consumer to get an accurate picture of the correct garment fit. The survey found that buyers who employ AR are less likely to return merchandise. Relying on AI and 3D modeling can be a critical way to avoid disappointment.

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ROI Revolution

SEPTEMBER 13, 2019

Millennials and Gen Z Looking for More From Fashion Brands. This is causing a huge shift in retail fashion spending. Specifically in the clothing space, “fast fashion” isn’t as appealing to younger generations as sustainable, eco-friendly apparel. Of surveyed businesses, only 8% of businesses are prepared for this change.

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Retail TouchPoints

JUNE 9, 2021

The biggest corporate push has been in fashion, and it’s working: 75% of its private label brands are in fashion, and according to Amazon (see exhibit below), fashion private label sales account for 9% of its total fashion first-party (meaning direct or 1P) sales. How do I Compete?

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Retail TouchPoints

MARCH 9, 2021

Cutting-edge brands and retailers are embracing the authentic, real-time nature of livestreaming to: Amplify and capitalize on influencer partnerships; Position business leaders and associates as trusted experts; and Replicate the magic of in-person fashion shows and product drops. consumers have tuned into a livestreaming event.

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Retail TouchPoints

FEBRUARY 25, 2022

The explosive growth of China’s luxury fashion sector is being driven by a major influx of new shoppers: 50% of customers entered the market just in the past 12 months, and this group is expected to drive 80% of its growth, according to a survey by Oliver Wyman. That growth potential is massive; sales increased 40% to $41.6

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Retail TouchPoints

JUNE 15, 2021

Walmart ’s “Deals for Days” savings event will take place June 20-23 with the retailer promising “Black Friday-like savings” on top items across electronics, home, toys, beauty and fashion. The company also found that the average U.S. The sale will feature both online-only deals and exclusive savings for in-store shoppers.

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Retail TouchPoints

MARCH 31, 2021

A recent survey by McKinsey & Co. The survey also highlighted that three out of four people have tried a new shopping method due to the pandemic, and that more than half of all shoppers aim to continue using curbside pickup and grocery delivery services.

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eCommerce CEO

MAY 18, 2019

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. Fast fashion for men. How To Start a Clothing Line.

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Retail TouchPoints

JUNE 2, 2021

Prime Day 2021 will officially span June 21 and 22, featuring more than 2 million deals across categories including fashion, electronics, toys, home décor and automotive. consumers increased or maintained their spending on Amazon in Q2 2021, according to a survey by JungleScout. Prime Day 2021 Will be Driven by Loyalty and Discounts.

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Retail TouchPoints

JULY 14, 2021

To fully understand current practices, challenges and opportunities, CI&T conducted qualitative interviews and quantitative surveys with 115 executives at big-box retailers and CPG suppliers. Why is this such an issue for both parties? Is it just complacency, or a lack of the right processes and tech?

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