Report news and archive

Report: Retail innovation for a competitive advantage

Today, consumers are used to making online purchases with a single click, whether it be via a social media channel, an app, or a store platform. They expect to receive online deliveries in 30 minutes or less and shop in virtual stores in the metaverse. Rather than physically trying on clothes, they use augmented reality smart mirrors from the...

Fashion Featured

Report shines light on next-gen fur, posing the question 'What makes Fur, Fur?'

One of the earliest animal-based materials used by humans to make garments, fur has long been the source of debate within the fashion industry. Praised for its exceptional warmth, durability, and softness, the reality behind fur farming and the ethics surrounding its production have been under scrutiny for decades. As animal-rights organizations...

Fashion Featured

Vestiaire Collective introduces cost-per-wear metric as part of its 2024 Circularity Report

French resale luxury fashion platform Vestiaire Collective has launched a new metric to highlight the impact of overconsumption and fast fashion within the fashion industry. Designed to help consumers develop a deeper understanding of the value of fashion, the cost-per-wear metric underlines the true cost of an item by breaking it down into cost...

Retail

High levels of lead found in accessories sold at off-price retailers

A new report has found high levels of lead in leather and faux leather fashion accessories, including handbags, wallets, shoes, and belts sold at off-price retailers Ross and Burlington. The report, published by nonprofit watchdog the Center for Environmental Health (CEH), traces 13 years of systemic toxic levels found in products sold at Ross...

RetailFeatured

Top 5 Strategies for Successful Retail 2024: Part 5, Be the Change You Want to See (and Buy)

In today's constantly shifting retail landscape, navigating immediate challenges while focusing on future expansion for success is essential. Retailers are facing high inflation, ongoing pandemic impacts, and geopolitical unrest, leading to increased costs and financial pressures for consumers. Despite these challenges, some retailers have...

Business

Report: Handbag market to grow by 14.1 billion dollars from 2021 to 2027

Technology research and advisory company Technavio released a report on the growth of the global handbag market, pointing out its estimated increase in value by 14.11 billion US dollars from 2022 to 2027 and a CAGR of 4.3% and highlighting key findings on this development. The handbag market 2023 to 2027 is split up into three segments by...

Business

Amazon highlights ambitions on counterfeit prevention in latest report

Online retailer Amazon published its third annual Brand Protection Report last week, revealing the highest number of criminal referrals and industry partnerships than ever before, which are linked to the company’s efforts to protect customers, brands and selling partners from counterfeit products. The report highlights four main areas: robust...

Retail

Report: 88 percent of consumers want text conversations with brands

Consumers are willing to share personal information in exchange for value, resulting in a rise in popularity in interactive sms marketing, according to the annual State of Conversational Commerce Report by Attentive, a platform specialised in “business-to-consumer communication”. 8,000 consumers from the US, Canada, the UK and Australia were...

Fashion |Report Featured

Trove releases inaugural Brand Resale Index

Trove, which provides resale and trade-in services for fashion brands, has launched its inaugural Brand Resale Index evaluating resale adoption and trends across 40 brands spanning fashion/apparel, outdoor, footwear, and luxury. The Index, conducted in partnership with OSF Digital, has assessed brands on 147 different criteria across brand...

Business

Report: Clothing rental market to grow by 3 billion dollars from 2021 to 2026

Technology research and advisory company Technavio released a report on the growth of the clothing rental market, pointing out its estimated increase by 3 billion dollars from 2021 to 2026 and highlighting key findings on this development. Vendors have latched onto experiential marketing as a beneficial tool, actively involving the consumer in...

Business

Global shapewear market expected to reach 3.7 billion by 2028

The shapewear market has continued to grow over the years due to lifestyle changes and cultural impact, and, according to a report by Research and Markets, it looks as though it will only maintain the expansion. The data platform has released its Shapewear Market Size, Share and Trends Report, which estimated that the global shapewear market is...

Fashion

Post-Covid: The future of workwear and loungewear

Edited has released reports analysing the latest data for the future trends of workwear and the men's loungewear market. Is there still a demand for workwear? Overall, the women's workwear offering was down 40 percent year-over-year (YoY), however, the sell out rate was down 20 percent. This showcases that while retailers decreased inventory,...