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The Very Group Renews DemandTec Markdown Optimisation

Retail Focus

Online retail giant The Very Group will continue to enhance its pricing strategies with DemandTec Markdown Optimisation. The Very Group’s three-year renewal expands upon their collaborative relationship with DemandTec , which extends back to 2015. .

Gifts 147
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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

By 2015, a year after opening 17 stores but still unable to get traction, it began to cut its losses and close smaller, unprofitable suburban mall stores yet again. It will offer women’s and men’s clothing, footwear and accessories on two levels. Third time lucky then, right? This is GU’s first permanent store outside of Asia.

Expansion 273
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What Europe’s upcoming ban on unsold textiles means for fashion

Inside Retail

According to the report, global textile production nearly doubled between 2000 and 2015, and by 2030, the consumption of clothing and footwear is expected to increase by 63 per cent from 62 million tonnes today to 102 million tonnes. It is also introducing a ban on the destruction of unsold products, including unsold or returned textiles.

Fashion 245
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How H&M, Nike and Kering are taking action on climate change

Inside Retail

But with clear targets and clear strategies, ambitious does not have to mean aspirational.”. The company reduced its overall environmental impact by 14 per cent between 2015 and 2018 and is on a positive trajectory to reach its 40 per cent reduction target by 2025. Fung Group.

Apparel 246
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Kate Spade CEO & brand president on creating social impact through collaboration

Inside Retail

Liz Fraser is the CEO and brand president of iconic American accessories brand Kate Spade New York. In 2012 Fraser became the president of Marc Jacobs after over 13 years in the business before leaving to become the CEO of Anne Klein in 2015. While our brand starts with our heritage, our strategy starts with the customer.

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Yoox Net-a-Porter’s APAC GM talks tech, loyalty and luxury spending

Inside Retail

This commitment is reflected particularly in our Net Sustain offer , Net-a-Porter’s edit of luxury and fashion for ready-to-wear, accessories, beauty and homeware that meet our 12 sustainability attributes. NL: Yoox was founded in Milan and Net-a-Porter was founded in London, and later merged in 2015.

Fashion 245
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How Shein’s social media tactics have won over ‘eco-conscious’ Gen Z

Inside Retail

The company expanded into general womenswear and rebranded to Shein in 2015, a name it expected customers would more easily remember. Ma says Shein is very focused on the “everyday creator” strategy. This gives them the budget to create more content at volume – again a knowing strategy to gain traction on TikTok,” he said.