PARIS, Oct 8 (Reuters) – Traditional stores can take on
e-commerce and keep their major role by reinventing themselves
faster to best combine shopping in stores and online, top
retailers said on Tuesday.
Despite the challenge from players like Amazon, 68
percent of retailers say stores remain the most important
channel for shoppers and one in three plan to expand their
footprint, according to a survey by the Australian Centre of
Retail Studies released at a conference in the French capital.
BERLIN, Sept 27 (Reuters) – Online retailers are trying to
cajole consumers into revealing their vital statistics with new
sizing technology tailored to turn back a tide of returned
garments that is hurting profits.
Up to half of the clothes bought online are sent back, many
due to poor fit, squeezing retailers’ margins and creating
logistical problems in recovering and re-selling rejected stock.
BERLIN (Reuters) – Russian online fashion retailer Lamoda is poised to expand to Ukraine and is considering offering its express delivery service to other brands, its chief executive told Reuters.
“It makes sense to go into additional markets. Ukraine is clearly on the map and you will see us going there soon,” CEO Niels Tonsen said in a telephone interview, adding he was also looking at Azerbaijan and Belarus.