HundredX fast fashion data featured in U.S. News & World Report

HundredX Data Featured in

U.S. News & World Report

Fast fashion, known for its variety of styles and low prices, has faced growing scrutiny due to environmental and social concerns. In a recent US News & World Report article titled "Fast Fashion: A Trend That May Cost More Than You Think," HundredX data was featured for our crowd-powered insights on the leading fast-fashion retailer Shein and customer sentiment towards other fast fashion brands.

A bunch of clothes are stacked on top of each other on a table.

Adapting to Conscious Consumers

In today's era of heightened attention to corporate social responsibility, our data suggests that businesses can thrive by aligning their values with the evolving demands of conscious consumers. Notably, Forbes' Best Brands for Social Impact list, powered by HundredX, features companies admired for their conscious business practices and positive social impact, emphasizing the significance of sustainability, community support, and social responsibility.

Crowd-Powered Business Advantage

Leveraging the power of The Crowd, HundredX continuously monitors consumer perceptions, providing businesses with essential information to maintain their market position. We tap into real consumer feedback to understand industry trends like fast fashion, as one example. With our extensive coverage of 75+ industries and 2500+ brands, we analyze the collective opinions of everyday customers to uncover what really matters to them. Moreover, we evaluate how their priorities influence purchasing decisions and attitudes towards businesses. These insights empower business leaders to craft customer-focused strategies and gain a competitive edge in their markets.

Read our full report on fast-fashion retailer Shein here: https://hundredx.com/shein

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HX in the News: HundredX helps fill in the blanks left by traditional data providers

November 26, 2024

HundredX helps fill in the blanks left by traditional data providers

Consumer spending muted amid rising prices

November 7, 2024

Consumers are navigating still-high prices with resilience. HundredX analysis, based on millions of pieces of customer feedback from July 2021 through April 2023 across 3,200+ companies, indicates inflation remains persistent, but consumers are cautiously hanging on. New Consumer Price Index (CPI) data shows prices increased 3.4% in April from a year ago, compared to 3.5% in March, which highlights a slight easing in inflation month-to-month. Still, HundredX data shows that consumers still feel negative about prices in general, pointing to inflation’s stickiness and consumer frustrations over the consistently high prices of everyday goods. Generally, we’ve seen that changes to HundredX’s Price favorability index are typically inversely correlated with movement in the CPI levels (i.e., inflation) reported by the US government.