How retailers like ASOS, H&M and Zara are fighting back against ‘serial’ returns Retail ASOS has become the latest retailer to change their returns policy as firms increasingly try to fight back on costly high-frequency takebacks – as well as outright fraud. In an email to its premier and non-premier members, the popular fashion giant shared that it would be updating its Fair Use Policy foe “select customers” in [...]
Boohoo struggles continue with earnings and sales down – and losses mounting Boohoo The company said its annual core earnings fell by seven per cent, revenue fell by 17 per cent, and the total value of goods sold fell by 13 per cent, after a tumultuous year in which it made multiple acquisitions.
The House of Boohoo: Impact of PrettyLittleThing and others on fast-fashion giant’s mounting losses revealed Boohoo Boohoo is never far from the headlines - but the firm's endgame isn't quite as easy to find