Sheins Platform Shift Could Disrupt Global Ecommerce

Sheins Platform Shift Could Disrupt Global Ecommerce

Fast-fashion giant SHEIN plans to open its platform, transforming into a comprehensive e-commerce platform and directly competing with Amazon and others. With its robust supply chain and low-price strategy, SHEIN has an advantage during economic downturns. However, logistics, quality control, and competitive pressure are challenges it faces. The success of SHEIN's platform transformation will have a profound impact on the cross-border e-commerce landscape. Its ability to navigate these hurdles and maintain its competitive edge will determine its long-term success in this evolving market.

Swiss Retail Rebounds in Q3 Amid Economic Concerns

Swiss Retail Rebounds in Q3 Amid Economic Concerns

The Swiss retail market rebounded in the third quarter, with the fashion industry, especially warm clothing, experiencing a surge in demand. E-commerce channels are also gradually recovering. Despite economic downturn and inflationary pressures, cross-border e-commerce sellers can seize opportunities in the Swiss market by focusing on warmth needs, paying attention to energy-saving products, implementing refined operations, and adopting localization strategies. This includes offering products tailored to the Swiss climate and consumer preferences to capitalize on the increased demand for thermal wear and related items.

Major Ecommerce Firms Compete in Growing Secondhand Market

Major Ecommerce Firms Compete in Growing Secondhand Market

E-commerce giants are increasingly investing in the secondhand market, signaling the rise of sustainable consumption. eBay is reshaping its core business, and fast-fashion brands like SHEIN and Zara are also entering the space. The markets for secondhand apparel, sneakers, and furniture show significant potential, but profitability remains a challenge. Cross-border sellers should seize this opportunity by selecting appropriate product categories, establishing reliable supply chains, providing professional services, and embracing sustainable development principles. The secondhand market presents a promising avenue for growth within the evolving e-commerce landscape.

Renewcell Expands Circulose Network to Boost Recycled Fiber Use

Renewcell Expands Circulose Network to Boost Recycled Fiber Use

Sweden's Renewcell has launched the Circulose Supplier Network, aiming to establish a stable and reliable supply chain for its recycled fiber, Circulose, and promote its widespread adoption in the textile industry. The network initially comprises 47 companies, complemented by RCS certification and the operational recycling plant. This marks an acceleration in the commercialization of Circulose and holds promise for driving sustainable development within the fashion industry. The initiative seeks to ensure consistent access to high-quality recycled materials, supporting brands in their efforts to reduce their environmental footprint.

Zibuyus North American Growth Faces High Return Rate Challenge

Zibuyus North American Growth Faces High Return Rate Challenge

Zibuyu, a leading cross-border e-commerce company in Zhejiang specializing in footwear and apparel, is preparing for its IPO. Despite being ranked first in GMV for footwear and apparel in the North American market, it faces the challenge of a high return rate. The return amount reached 140 million yuan in 2021 and surged to 340 million yuan in the first half of 2022. High return rates are a common issue in the fashion e-commerce industry. Zibuyu needs to effectively reduce its return rate and improve profitability to maintain its leading position in the competitive market.