Helen Reid

2 months ago | insideretail.asia | Helen Reid |James Davey |Sean Cao |Nicole Kirichanskaya

Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton from approved regions, which do not include China, for products it sells in the United States, its biggest market, the company said on Friday.

Nov 28, 2024 | insideretail.com.au | Helen Reid

Heavy online marketing spending by Temu and Shein is making it more costly for other retailers and brands to reach shoppers on Black Friday, marketing and industry experts say, with both platforms bidding heavily on search keywords used by competitors. Typing a few words into a search engine is a key starting point for shoppers looking online for gifts or buying for themselves in Black Friday sales, the unofficial start of the holiday shopping season on the day after US Thanksgiving.

Nov 4, 2024 | insideretail.asia | Helen Reid |Jan Harvey |Rod Nickel |Nicole Kirichanskaya

Sales by Shein‘s Ireland-registered entity Infinite Styles Ecommerce Co grew 68 per cent in 2023, hitting US$8.36 billion, according to annual results published on Monday. Fast-fashion retailer Shein, which sells US$4 tops and $8 dresses, has grown rapidly in the US, Europe and the UK and is working towards an initial public offering in London. It was valued at $66 billion last year in a fundraising round.

Oct 15, 2024 | insideretail.co.nz | Helen Reid

Nike’s ongoing struggles are giving Adidas a chance to keep taking market share from its larger US rival, but the German brand will have to work harder to keep shoppers interested in its key Samba and Gazelle terrace sneakers. The shoes have boosted Adidas sales over the past year, and analysts expect it to report third-quarter revenues of 6.4 billion euros, a 10 per cent increase on a year ago in currency-adjusted terms, when it reports earnings on October 29.

Oct 10, 2024 | insideretail.com.au | Helen Reid

Nike’s ongoing struggles are giving Adidas a chance to keep taking market share from its larger US rival, but the German brand will have to work harder to keep shoppers interested in its key Samba and Gazelle terrace sneakers. The shoes have boosted Adidas sales over the past year, and analysts expect it to report third-quarter revenues of 6.4 billion euros, a 10 per cent increase on a year ago in currency-adjusted terms, when it reports earnings on October 29.