There’s Black Friday, Cyber Monday, Free Shipping Day and Green Monday. Now add “National Returns Day” to the list of days during the holiday season that stand out for one reason or another.
UPS dubbed Jan. 3 National Returns Day because, according to the company’s statistics, it is the biggest day this year for making returns to retailers. UPS expected to ship more than 520,000 returns packages back to retailers that day. During the first week of January, the firm expects to ship 2 million returns packages.
Returns are mounting because of the rapid rise of e-commerce and because of “bracketing,” where consumers buy apparel or shoes in more than one size and return those that don’t fit. Some companies routinely send alternative sizes of the same item, as a service to customers, and expect they’ll return the sizes that don’t fit.
Returns are always highest in January, following all the gift-giving for Christmas and Hanukkah. Based on peak season data and UPS historical data, the company said it can predict the day in January when the highest volume of post-holiday returns will occur. Next year, National Returns Day could fall on another day in January.
Black Friday is the Friday after Thanksgiving, when retailers unleash a battery of deals to spur gift shopping. It’s considered one of the biggest volume days of the year and the traditional kick off for holiday shopping. Cyber Monday is for many retailers their biggest online volume day when they aggressively encourage shopping online. It’s the first Monday after Thanksgiving.
Green Monday was coined by eBay to describe its best sales day in December, which is traditionally the second Monday of December. ComScore defines it as the Monday with at least 10 days prior to Christmas. Free Shipping Day is a day when many retailers offer free shipping and say it’s the last day for guaranteed delivery by Christmas Eve.
Breaking News: @louisvuitton's men's artistic director @mrkimjones is leaving the French fashion house after nearly 7 years. Jones joined Louis Vuitton in 2011, following a three year tenure as creative director of British luxury goods brand Alfred Dunhill. Jones is to exit Louis Vuitton after showing his fall 2018 collection for the brand in Paris on Thursday. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews