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South African clothing retailers losing lustre in face of Shein juggernaut
The China-based ultra low-cost fast fashion retailer might have a growing market in South Africa, but it's putting the squeeze on local retailers.
Photo by Polina Tankilevitch via www.pexels.com
The fashion industry is the world’s second-biggest polluter and fast fashion is at the very heart of the problem, with ultra-low-cost, cross-border retailers accused of human rights violations, environmental degradation, social problems and waste, because returned products are not recycled or resold – they’re destroyed.
These international e-commerce giants are also starting to eat South African clothing retailers’ lunch, even if they won’t admit it publicly.
Last week, Takealot’s Superbalist announced it had commenced a Section 189 process, to restructure its business. Days earlier, Takealot – clearly twitchy about global behemoth Amazon’s pending arrival – announced it was trialling an on-demand service, which offers customers in Durbanville, Parow and surrounds in northern Cape Town a selection of about 500 products, which will be delivered within the hour.
Continue reading the full article on Daily Maverick.
Source: Daily Maverick
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