Retail News CRM

Tag: resale

  • Lululemon Revives Like New Resale Program in Hong Kong, Pioneering a Sustainable Fashion Ecosystem

    Lululemon Revives Like New Resale Program in Hong Kong, Pioneering a Sustainable Fashion Ecosystem

    Lululemon, the renowned athletic apparel company, is reinitiating its Like New programme in Hong Kong, in collaboration with Redress, a local NGO. This endeavour aims to give a second life to pre-owned clothes and is part of Lululemon’s broader sustainability strategy.

    A Take-Back Scheme with a Difference

    The Like New programme, which was first piloted last year, is a comprehensive approach to keep used clothes in circulation by reselling, donating, or recycling them. Between July 2 and September 30, customers can bring their gently used Lululemon or non-Lululemon items to any of the six participating stores in Hong Kong, which includes Queen’s Road Central, Pacific Place, Times Square, Cityplaza, Elements, and New Town Plaza outlets.

    Once collected, Redress will sort the items. Those appropriate for resale will be listed accordingly, while others will be donated or recycled. Donations will be made via the charity Crossroads and other local organizations.

    Joey Chan, regional director of Lululemon Hong Kong, Macau, and Taiwan, expressed her pride in bringing Like New back to Hong Kong. “This initiative reflects our ongoing commitment to prolonging the lifespan of our products, as well as furthering our collaboration with partners and local communities to advance circularity,” he shared.

    Pop-Up Shop and Design Competition

    The program will reach its high point in November with a temporary Like New pop-up, where consumers will be able to buy a collection of pre-owned Lululemon items. More details about the pop-up, such as its location and opening dates, will be revealed in due course.

    In a related development, Lululemon has joined forces with the Hong Kong Polytechnic University for the launch of Re:Form, a circular design competition. This contest aims to instill circular design principles in fashion students and nurture the industry’s future talent.

    Questions & Answers

    What is the Like New programme?
    It is a take-back and resale initiative by Lululemon, where gently used items can be dropped off at selected stores for resale, donation, or recycling.

    Who is Lululemon collaborating with for this program?
    Lululemon is partnering with the NGO Redress for this initiative.

    What is the Re:Form circular design competition?
    Re:Form is a circular design competition launched by Lululemon with the Hong Kong Polytechnic University. This event aims to promote circular design principles among fashion students and foster the growth of future industry talent.

  • 10 Ways to Save Money Using Free Apps and Online Tools

    10 Ways to Save Money Using Free Apps and Online Tools

    Saving money doesn’t always mean giving up the things you enjoy. Whether you’re shopping online, streaming your favorite content, or exploring digital entertainment such as Jili games, making smarter financial choices can help you get more value from your budget. Thanks to a wide range of free apps and online tools, it’s easier than ever to track expenses, find discounts, and manage everyday spending.

    The best part is that many of these solutions are completely free to use. Whether your goal is to reduce monthly expenses, stay on top of your finances, or simply spend more wisely, these practical tools can help you save money without sacrificing convenience. Here are 10 effective ways to make the most of free apps and online resources.

    1. Track Your Spending with a Budgeting App

    One of the easiest ways to save money is to know where it is going. Budgeting apps that are free help you keep track of your income and expenses, categorise purchases, and monitor your monthly spending habits.

    When you can see where your money goes, you can spot expenses you don’t need to be paying and make better financial decisions, but still be free. 

    2. Search for Coupons Before You Buy

    Take a few minutes to look for coupon codes or promotional offers before you buy something online. Many free browser extensions and coupon websites automatically find and apply available discounts at checkout.

    Even small discounts add up over time, especially if you shop online regularly. 

    3. Compare Prices Across Multiple Stores

    Never jump at the first price you see. Price comparison websites are useful for comparing different retailers before you buy.

    If you’re shopping for electronics, household goods or everyday necessities, price comparisons can help you get better deals and not overpay. 

    4. Set Price Alerts

    Thinking about buying something but waiting for a better deal? Many shopping sites and price-tracking tools let you set alerts for specific products.

    No need to check prices every day, you’ll get a notification when the price drops, this helps you to buy at the right time. 

    5. Use Cashback and Rewards Platforms

    Cashback sites and rewards apps allow you to earn points or a cut of your purchase back when you shop with participating retailers.

    Even if the savings on one purchase seem small, the regular use can result in considerable savings over the year. 

    6. Organize Bills and Payment Reminders

    Late payment fees are an avoidable expense that you can often avoid.

    Free calendar apps and reminder tools help you remember when to pay bills, subscriptions and recurring payments: This means you can better manage your monthly finances and not get charged penalties. Being organized… 

    7. Cancel Unused Subscriptions

    There’s still a lot of people paying for streaming services, software or memberships they hardly ever use.

    Subscription management apps can help you find recurring charges and see what you’re actually using. Cancelling one or two unnecessary subscriptions can release some extra cash every month. 

    8. Use Free Cloud Storage and Productivity Tools

    Use free cloud storage, document editors, spreadsheets and collaboration tools online instead of paying for pricey software.

    These services provide everything many users need for work, school, or personal projects without the need for expensive subscriptions. 

    9. Take Advantage of Free Learning Resources

    You don’t have to pay for expensive courses to learn new skills.

    There are many trustworthy sites that provide free tutorials, online courses, educational videos, and digital libraries on topics such as personal finance, technology, design, business, languages, and more. You could even get better career opportunities without any additional educational costs by improving your skills. 

    10. Choose Entertainment That Fits Your Budget

    Entertainment is important, but it doesn’t have to be a financial burden.

    Many digital entertainment platforms offer welcome offers, loyalty programmes, free content, or special promotions that enable users to get more value. So before signing up for any platform, be sure to compare available features, understand the terms and select services that fit your interests and your budget.

    For online gaming and digital entertainment, it is also worth choosing licensed platforms that encourage responsible play via functions such as deposit limits, time management tools and self-exclusion options. Responsible entertainment ensures that having fun stays fun and affordable. 

    Tips for Saving Even More Money Online

    Free apps are only part of the equation. Building smart financial habits can help you maximise your savings over the long term.

    Here are some simple practices to adopt:

    • Review your monthly expenses.
    • Look up prices before you buy something big.
    • Avoid impulse buying by waiting 24 hours before making non-essential purchases.
    • Instead of running after every bargain, look for legitimate promotions.
    • Protect your personal information using trusted websites and strong passwords.
    • Don’t fall for deals that sound too good to be true.

    Small changes to your daily habits can add up to the biggest savings over the long run. 



  • Hugo Boss the latest lux brand to launch resale offer

    Hugo Boss the latest lux brand to launch resale offer

    Luxury fashion brand Hugo Boss has committed to a premium resale platform, which is set to launch in the third quarter of this year, encouraging customers to buy pre-owned items.

    According to the company, resale is a fast-growing market that helps reduce the fashion industry’s impact on the environment. Hugo Boss expects the initiative to extend its products’ life cycle and help limit its resource consumption.

    The online platform allows customers to return their used items to Hugo Boss in return for a credit that can be spent online on new or pre-owned items, or in-store. After a quality check, the pre-owned products will be sold on Hugo Boss Pre-Loved and ready for their second life in a new wardrobe.

    In addition, Hugo Boss will also launch a care and repair service to help customers cover the repair of their clothes and ensure the items can last longer.

    These are parts of Hugo Boss’s broader strategy unveiled on Earth Day to enhance its circular business model. The German fashion house also reports its circular products must meet three requirements: being made from renewable or recycled materials, being fully recyclable, and designed for longevity.

    “The high quality of our products allows them to have several lives, and our entry into the growing resale market is a natural step for us as a company,” said Heiko Schafer, COO of Hugo Boss.

    Lees ook:

  • Vestiaire Collective overhauls commission structure, cementing its position as the most desirable fashion site

    Vestiaire Collective overhauls commission structure, cementing its position as the most desirable fashion site

    Vestiaire Collective, the leading global resale site for desirable pre-owned fashion today reveals substantial changes to its commission structure. The move will significantly reduce the cost of pieces across the site’s desirable inventory, ensuring that Vestiaire Collective is the most appealing resale site for buyers and sellers alike.

    The resale industry is currently estimated to be around 8% of the 260€ billion luxury market* with forecasters predicting that the industry will double in size by 2022. As more fashion consumers turn to resale as a sustainable way to access the products they desire, the next few years will prove to be a turning point for the industry and consumers alike. With its strong fashion DNA, Vestiaire Collective is perfectly placed to capture this market, offering a unique desirable inventory, engaged global community and rigorous quality and authenticity checks.

    As part of the new vision for the company, under the leadership of new CEO Max Bittner, Vestiaire Collective reveals a significant overhaul of its commission structure, ensuring that Vestiaire Collective remains the most competitive resale site in the market. The new changes will reduce Vestiaire Collective’s commission and prices by an average of 10% across the catalogue, meaning the price of its highly desirable inventory will be made significantly more accessible overnight. The commission drop will also positively impact sellers who will be able to sell their items at a faster rate. The change will most significantly impact customers looking to buy and sell pieces at more accessible price points and also items that fall into the rare, desirable high-luxury category, as these pieces will enjoy a capped commission.

    “This commission restructure is one of the first major changes I wanted to impact the business since joining Vestiaire Collective at the start of this year. This significant drop in commission will encourage more sellers to the site, knowing they will be able to sell their item at a fast rate whilst also making a strong profit. For the buyers, it means they can purchase the desirable pieces they’ve always wanted at even more accessible prices. I believe that giving our users more direct value is the most powerful medium to keep them engaged and excited. This is a significant moment for Vestiaire Collective as we continue to ensure we remain the most desirable global resale site for must-have pre-owned fashion,” says Max Bittner, CEO Vestiaire Collective.

    Vestiaire Collective will continue to offer the same level of exceptional service across all customer touch-points, from the carefully curated highly desirable inventory to rigorous physical quality control, meticulous authenticity checks and high level of customer service. The company curates and connects the world’s most desirable wardrobes, whilst providing a trusted and sustainable new way of buying and selling pre-loved fashion.

    Lees ook: