B. Moss Clothing Files For Bankruptcy, To Close Stores
BANGALORE (Reuters) – When Melanie Holtkotter, 29, desires to clean up her wardrobe, she does so from the comfort of her house in Lippstadt, Germany slightly than buying at downtown shops – a sign of more durable competitors forward for U.S. fashion retailers already established online.
Online spending in Europe is expected to develop 18 percent to more than 200 billion euros ($271.eight billion) this 12 months, effectively ahead of the close to-eleven percent progress, to $192 billion, predicted for the United States, in keeping with Kelkoo, a website that compares online costs. One of the difficulties Zara could face putting its clothing ranges online is the truth that it costs totally different costs in the sixty four international locations where it sells its garments, Solca stated. This on-line retailer is the place to go for prime end, (and excessive priced) designer clothes for infants and child’s. Among the top …
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