LONDON, ENGLAND – MAY 23: Georgia Toffolo attends SHEIN Summer Pop Up Preview Evening on May 23, … [+] 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for SHEIN) Dave Benett/Getty Images for SHEIN A company most investors have never heard of is changing the fashion business by doing everything cheaper and faster. And the process is only getting started. Bloomberg reported last week that Shein, a Chinese fashion company, achieved a… Source link
Read More »What Retailers Need to Understand About the Online Apparel Shopper
Now over two years into the pandemic, the apparel retail category is steadily recovering following declines in 2020. With consumers returning to in-person workplaces, schools and social activities, the need for new clothes has been met with changes to the retail landscape and, inevitably, the role of digital vs. in-store shopping. A new report from Sense360 by Medallia uncovered emerging differences between online and in-store shoppers. Understanding these distinctions can help retailers win… Source link
Read More »RYU Apparel Reports 304% Increase in Q3 Revenue
VANCOUVER, BC, Dec. 10, 2021 /PRNewswire/ – RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) (“RYU” or the “Company“), creator of award-winning urban athletic apparel, is pleased to announce that the Company has reported sales of $313,9868 for the three-month period ending September 30th, 2021, a 304% increase over the prior year. During the first two quarters of 2021, RYU’s inventory and sales were significantly impeded by the global supply chain challenges and restrictions associated… Source link
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