“Online retailers can’t be profitable”. Wrong !

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Publication

18 January 2018 à 16h21

Updated on 10 May 2019 à 17h23

Reading time

2 minutes

Publication: 18 January 2018 à 16h21, Updated on 10 May 2019 à 17h23

Reading time: 2 minutes

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Add mind Retail to your sources
Publication

18 January 2018 à 16h21

Updated on 10 May 2019 à 17h23

Reading time

2 minutes

Publication: 18 January 2018 à 16h21, Updated on 10 May 2019 à 17h23

Reading time: 2 minutes

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In the U.S.A., the Stock Market debut (I.P.O.) for fashion and styling online retailer Stitch Fix refutes a well-established belief that online retailers can’t be profitable. In the quarter to October 2017, the revenue of Stitch Fix grew by 25% to US$296 million with net margin at 5%.

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