October 19, 2022
Via: ChargedAsos has said it has committed itself to overhauling it business model after it plunged to an operating loss of almost £10 million for the year. Shares of the fast-fashion giant are down 80% this year, prompting new CEO José […]
May 11, 2022
Via: ChargedZara has started charging customers to return products they have purchased online. Since the beginning of May, Zara customers have been charged £1.95 to return items, with the fee deducted from their total refund, according to The Industry.Fashion. However, items […]
March 4, 2022
Via: ChargedThe discount retail model is simple yet effective, relying on high volume and low margins. The age-old adage “If it ain’t broke, don’t fix it” comes to mind. The model does not traditionally translate to ecommerce, with delivery costs often […]
October 15, 2020
Via: ForbesASOS CEO Nick Beighton is concerned about Christmas despite ASOS profits increasing by 329% to £142m in the year to August 31, with group revenue up 19% to £3.26bn. His customers have seen their lives change significantly – less glam […]
July 10, 2024
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