The fact that online retail stocks have slumped globally since the highs of the pandemic is no secret.
Whilst lockdowns and store closures brought an ecommerce gold rush, contrary to many predictions, as restrictions eased and normality resumed, growth started to falter.
Firms that enjoyed significant gains during the pandemic started to slide, with the fast fashion industry becoming one of the hardest to be hit.
It is not just sales but share prices that has been hit over a dire 2022 for most of the online retail sector.
