Recent updates from major fashion retailers highlight varied strategies in a challenging market.Asos embraces a ‘test-and-react’ model to keep up with fast trends and reduce inventory…
Browsing: fashion market
Asos CEO José Antonio Ramos Calamonte addresses concerns over competition from Shein and Vinted amidst mounting losses.Calamonte emphasizes the fragmented fashion market, indicating room for competition…
Shein has outpaced Boohoo in the UK fashion market, marking a significant victory with substantial financial growth.Shein’s UK sales soared by 38%, reaching £1.55bn, while Boohoo’s…