Hints and tips:
...Rivals in the retail industry meanwhile such as Sweden’s H&M, with its garment collection scheme, and online retailers Asos and Zalando are keen to tap the nascent demand for second-hand fashion....
...The world’s largest diamond retailer pinned the blame on a Covid-induced lull in dating. It predicts a rebound....
...And how do we make the thrift story fit with good economic growth overall, and a tight jobs market?...
...That hasn’t stopped groups such as online luxury retailer Farfetch from trying to capitalise....
...Economists are divided, however, over whether the urge to splurge will take priority over newly acquired habits of thrift....
...Coming off a strong year, with pre-tax profits up 27 per cent before exceptionals to £114.2m, the fast-growing food retailer has had a flaky start to 2020....
...Between them, these retailers have shaken up the vintage market....
...Even Ikea and the big retailers are going chintzy. My daughters’ generation refers to cottagecore as an “aesthetic”, a self-created vision communicated through a platform....
...A shed was spray-painted fluorescent orange, while the interior was decorated with “wood-look” wallpaper and filled with knick-knacks found in thrift stores to mimic a camp counsellor’s office....
...Meanwhile, retailers across Germany are experiencing relief mixed with a large dose of apprehension....
...The sharp increases in savings suggest that consumers’ thrift could hinder the scope for a consumption-driven economic recovery....
...In February, US sporting goods retailer Foot Locker spent $100m on a minority stake in GOAT, a sports shoe marketplace....
...The world’s largest furniture retailer said it aimed to cut its climate footprint by 70 per cent per product by 2030....
...And in a world of overproduction, retailers are working out how to spin gold from existing resources....
...Thrift is no longer the preserve of baby boomers and students....
...Online fast-fashion brands have enjoyed success catering to what Boohoo calls the “aspirational thrift” of young millennials....
...But if the credit card bill has arrived, and pre-Christmas payday feels a long time ago, here are some FT thrift tips to stretch your finances a little further....
...He insisted that the caution and belt-tightening reported by many retailers was not hitting Tesco....
...Following the Thrift Off, Claer conceded victory to her millennial challenger Kate....
...(Bloomberg) Dark factories Since the financial crisis, dozens of upstart British online retailers have prospered by catering to the “aspirational thrift” of young millennials....
...Part one Introduction, and millennials in charts Part two Disruption: The ‘millennial’ World Cup Part three Authenticity: The new consumers Part four Community: Millennial cities Part five Thrift...
...Since the financial crisis, dozens of upstart British online retailers have prospered by catering to what Boohoo, one of the biggest of these brands, calls the “aspirational thrift” of young millennials....
...High-street retailers say it should, arguing current policies hit them harder than online rivals....
...Twenty years after the term was coined, retailers and service providers are continuing the hard sell to consumers....
...Anyone who sold short mortgage companies and thrifts at the market top in 2007 (prices collapsed during the crisis and the sector index was discontinued in 2015), and put the proceeds into the internet retailers...
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