NEW
Opportunities for Independent or Specialty Retailers In The Post-Covid Comeback
BoF predicts a 20% loss of revenues (around $440 billion in lost sales) throughout the coming year. In these tumultuous times, independent fashion retailers are enjoying a rare opportunity to shine.
The Unsustainability Of Returns In Fashion
Returns cost retailers nearly $400 billion annually, and that’s just on the financial side. What about the carbon footprint? This post addresses the wasteful practice of buying-to-return and considers how far-reaching even a small change in this important area can be.
Virtual Fitting – It’s Easier than You Think!
Covid pandemic has hit the fashion industry hard, but the outlook is particularly bleak for small businesses. 25 to 36 percent of smaller-sized retailers are expected to close permanently as a result of Covid-related disruption
Trying and Buying in the New Reality – Retail in the COVID-19 Era
Shoppers today are facing a new world. Their favorite stores are closed and they can no longer enjoy the convenience of dropping into a shop, grabbing a handful of clothes, and heading to the fitting room. As a result, buyers are seeking to satisfy their shopping cravings online.
