'End Clothing plunges £43m into the red after warehouse troubles 📉💔 End Clothing swung to a loss last year following a botched warehouse overhaul 🏭⚠️ and a slowdown in demand that forced the business to cut its prices 💰🔽 #BusinessNews #RetailTroubles #EndClothing #MarketInsight [Databoutique Link] Check out databoutique.com for more insights and public data on the retail industry 📊💡#DataInsights' by @[Retail Gazette](urn:li:organization:1205618) about @[END.](urn:li:organization:5355528)
Databoutique.com’s Post
More Relevant Posts
-
Over the past decade, millions of shoppers turned to clothing rental services to refresh their wardrobes without needing to spend on new items. But despite strong demand, many rental retailers have struggled with profitability – largely due to the high operating costs and complex logistics and operations needs. I spoke with Liz Young at The Wall Street Journal about how retailers are addressing these challenges to better win on profitability. Check out the full article here: https://lnkd.in/eKirnsjY
To view or add a comment, sign in
-
Warehouse clothing racking are storage systems commonly employed in the garment industry. The market offers several specific solutions to facilitate and streamline storage and picking processes for orders containing clothing and accessories. In these systems, products remain stored in perfect condition in boxes or on hangers until being distributed to points of sale. The consolidation of ecommerce in the clothing industry has raised the demand for solutions that increase storage capacity and speed when picking garments.
To view or add a comment, sign in
-
-
Secondhand goods are on the rise, with younger buyers driving the marketplace's growth at a faster pace than new goods sales. This trend presents an interesting and challenging opportunity in retail as companies navigate ways to meet these evolving demands. #RetailTrends #SecondhandGoods #MarketplaceGrowth
To view or add a comment, sign in
-
Avoid common inventory mistakes that can hinder your clothing store's success. Our new post dives deep into best practices for inventory management. https://lnkd.in/gsDdWGFG #RetailTips
To view or add a comment, sign in
-
@SCDive digs into why and how retailers are gaining visibility into their supply chain with supplier scorecards. Retailers like Patagonia and Brooks Running are utilizing scorecards based on standardized data to facilitate transparent conversations to drive improvement. Read the article: https://lnkd.in/gEHUnvwt And see how SourceDay’s Supplier Scorecards provide the specific quantitative and qualitative measures that matter to your supply chain: https://lnkd.in/gsegn9bP #retailsupplychain #supplierperformance #supplierscorecards
To view or add a comment, sign in
-
In my latest article for Sourcing Journal, I examine the growing influence of reverse logistics in the resale market. While the resale industry is growing slower than most headlines suggest, it's proving sticky (and profitable) for brands that master the complexity of the back end. Dive in to learn about the businesses and new best practices emerging in this space. A special thanks to TERSUS Solutions (Peter Whitcomb), Debrand (Wes B.), ACS (Advanced Clothing Solutions) (MICHAEL CUSACK), The Renewal Workshop / Bleckmann (Nicole Bassett), Recurate (Adam Siegel), COYUCHI (Marcus Chung), and The Return (Brian Adams) for their collaboration on this article. #SustainableFashion #ApparelIndustry #ResaleMarket #ReverseLogistics #CircularEconomy
To view or add a comment, sign in
-
It's undeniable: consumers have fully embraced reuse. Don't lose your customers to online secondhand clothing platforms; instead, meet their needs by incorporating secondhand sales into your store. #reuse #secondhand #circular #retail
To view or add a comment, sign in
-
-
#Express went public in 2010 as the sixth-largest specialty retail apparel brand in the U.S. Fast forward 14 years, and the company is struggling on multiple fronts. Its sales are down, its late payments are up and it's been delisted from the New York Stock Exchange. Express, which Bloomberg reported last week was in talks with lenders to help finance a possible bankruptcy process, has grappled with lower demand for multiple quarters. But how much of this is Express's doing? And how much is due to macroeconomic factors? Thanks to Neil Saunders and Brad Jashinsky for speaking with me about the topic for Modern Retail!
To view or add a comment, sign in
-
Brook Taverner Ltd, Europe's largest supplier of stock-supported corporate clothing and a leading menswear brand, has transformed its goods-in verification process thanks to our RFID conveyor portal solution, boosting efficiency and inventory accuracy. Previously, the warehouse team spent three hours conducting manual spot checks on a typical shipment of 25,000 items, leading to resource strain and potential errors. Now, shipments are automatically verified in under one hour, ensuring all expected items are present and significantly improving inventory accuracy. 🚀 Key benefits: ✅ Stock accuracy: Virtually eliminates inventory errors 🕒 Real-time visibility: Promptly identifies missing or incorrect items 🤖 Automated process: Reduces time and resources for manual checks 💰 Cost savings: Efficiency gains and reduced manual verification costs Read the full case study on our website via the link below! #InventoryManagement #LogisticsInnovation #AssetTracking
To view or add a comment, sign in
-
Valuable insights and strategies on how to effectively implement markdowns to optimise inventory management & boost sales. Check it out this insightful post from our partners over at Pattern Retail. 👇 https://lnkd.in/d9EZymK8 #markdowns#retailstrategy#inventorymanagment#POS#RFID
To view or add a comment, sign in