News from World

tag: trend

21 January 2023

6 Trends Retail Needs to Know to Beat Disruption in 2023

Financial polarization will define price tiers and assortment

Global and long-distance supply chains will undergo major transformation

Sustainability shifts from promise to proof

The geography of spending in the U.S. is shifting

The digital and physical retail world will become one

Gen Z is transforming the future of shopping. (Source: Sourcing Journal)

11 November 2022

Running a fashion rental service

Running a fashion rental service isn’t easy, explains Business of Fashion. These companies have all the usual challenges of a retailer — stocking the right inventory at the right price point, marketing and customer service. But they’re also in the business of reverse logistics, the industry term for when a customer sends an item back to the seller. Most retailers try to minimise returns, which are complicated to process and restock; success for a rental service means accepting, cleaning and shipping back out as many items as their warehouses can handle.

04 July 2022

Global industrial production trends

S&P Global's data and analysis of international production, from the United States to Europe and China, paint a gloomy picture and outlook, weighed down by inflation, as the specter of recession looms. [Here’s What’s Going On in Some of the World’s Biggest Manufacturing Zones – SJ]

16 June 2022

US footwear: there are too many stocks in retail and this means an increase in discounted promotional sales

Athletic footwear sales declined to start the year, and promotions could define the back half of 2022. For the first three months of 2022, athletic footwear sales totaled $6.09 billion, according to The NPD Group retail tracking service, down $546 million from the $6.65 billion mark the year prior. [Athletic Footwear Sales Have Declined — and the Market Is About to Get Promotional- FN]

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