IHL Group news and archive

Kidz Bop inks licensing apparel deal with IHL Group

Kidz Bop, the number one kids’ music brand, has signed an exclusive licensing deal with IHL Group to launch an apparel line next year. Launching in North American stores in Q3 2024, the apparel will be Kidz Bop inspired, explained fashion group IHL, to “make pop star style accessible to kids everywhere”. The collaboration will feature apparel...

Retail

Returns cost retailers 425.6 billion pounds a year

Retailers worldwide are losing around 425.6 billion pounds a year simply through customer returns, according to new research from retail analyst firm IHL Group, commissioned by OrderDynamics. IHL’s report, ‘Retailers and the Ghost Economy: The Haunting of Returns’, shows the total cost of product overstocks, out-of-stocks and customer returns,...

Retail

Retailers lose 1.75 trillion dollars in revenue due to overstocks

Retailers worldwide lose a staggering 1.75 trillion dollars annually in revenue due to the cost of overstocks, out-of-stocks and returns, according to new research from retail analyst firm IHL Group, commissioned by OrderDynamics. In the ‘Retailers and the Ghost Economy: $1.77tn Reasons to be Afraid’ report, IHL notes that the impact of...