Tuesday, October 1, 2019

Ecomm companies hand over discount baton to brands

The marketplaces asked companies to offer the lowest possible price to help revive demand, said senior executives of eight top brands, including those focused solely on ecommerce. https://ift.tt/2mRHxva https://ift.tt/eA8V8J

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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...