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Getting into the Secondhand Clothing Game
The Kardashians are no strangers to keeping up with current trends. In fact, jumping on the lucrative apparel resale bandwagon, they recently announced the launch of Kardashian Kloset. While the secondhand fashion market is expected to double in the next…
As You Gear Up for Holiday 2019 Don’t Forget About Gift Returns
Believe it or not, the 2019 Holiday season is coming up fast with only a couple months before consumers start opening their wallets in search of the perfect gifts (officially, the holiday shopping period starts November 1 and in some…
U.S. Apparel Sales, Domestic Production, Future of Cotton & Synthetics
Quick Facts: U.S. retail sales hit $23.6 million in May 2019 (↓2.4% yoy) NRF predicts an approximate increase of 4% in retail sales for 2019 Apparel prices have dropped over the previous year by 3.1% New reports and analysis from…
A Guide to Buying Liquidation Apparel, Accessories, & Shoes
It’s a boom…it’s a growth spurt…it’s a full-scale resale revolution hitting the apparel industry! According to a resale report from ThredUp (the world’s largest online thrift and consignment store), the secondary market for apparel is expected to double in five…
B-Stock: Connecting Retail Buyers to Sellers with No Middleman
B-Stock was founded a little over 10 years ago and since then has become the world’s leading liquidation platform that moves billions of dollars worth of returned, excess, and other liquidation inventory from the largest retailers. Much of that success…
Digital Flipbook: Five Ways To Offset Loss For Excess Inventory + Protect Your Brand
When it comes to excess merchandise challenges – due to store closures or high rates of shelf pulls, overstocks, and customer returns – every retailer and manufacturer should have a secondary market solution. The best ones allow for a fast…
What Dads Want: Stocking up for Father’s Day
Father’s Day spending is expected to reach a record $16 billion this year. An estimated 77% of Americans will celebrate dad, spending an average of $138.97. This holiday is a great way for small businesses and resellers to heat up…
Omnichannel Done Right: How Apparel Brands Stack Up
This article summarizes a recent research report on the state of retail omnichannel experiences. At the most basic level, when a retailer provides an omnichannel experience for customers, it means the customer should expect the same inventory, pricing, and returns…
Sourcing Inventory for the Class of 2019!
As graduation day is upon us, the class of 2019 is gearing up to celebrate. According to a survey conducted by the National Retail Federation, the average person will spend $107.46 on graduation gifts. In fact, total spending is expected…
Updating Returns Policies to Account for Serial Returners
Fraudulent Return Facts: Returns from online fashion purchases will have an impact of £6.6 billion for UK retailers U.S. loss from annual merchandise return fraud is estimated at $17.6 billion 55% of UK fashion and clothing brands would consider ‘banning…
E-Commerce Fashion Retailer Shifts Return Policy
In the latest round of online fashion retailers combating return fraud (return rates were spiking), Asos has announced a new returns policy aimed directly at stemming the practice of “wardrobing” or “bracketing”—buying several articles of clothing with the intention of…
How Fashion Impacts the Environment
Fashion can impact the global environment in more than one way; right now, it’s all about sustainability. From a sustainable economy to sustainable farming to sustainable fashion, retailers are currently living in a world of social responsibility. This couldn’t be…