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Apparel and accessories

Online apparel purchase returns to cost US retailers $38B in 2023: Coresight

May 25, 2023

Return purchases in the United States is currently worth $38 billion, causing companies to rethink current shopping experiences and systems. Image credit: Adobe Return purchases in the United States is currently worth $38 billion, causing companies to rethink current shopping experiences and systems. Image credit: Adobe

 

By Emily Iris Degn

Consumers are increasingly making returns online, causing apparel brands and retailers to take a massive financial hit.

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  1. Ennismore picks Bangkok site for first-in-region SLS Residences
  2. Dior builds five-story statement flagship in Beijing
  3. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  4. Happy Holidays!
  5. US luxury car market expected to double in next decade: BCG
  6. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
  7. Luxury Unfiltered: How AI undermines the essence of luxury
  8. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  9. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
  10. Louis Vuitton shares names of final Watch Prize contestants, jury members
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