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Dec. 16, 2025
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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. Chase opens new Sapphire Lounge in Las Vegas
  2. US lowers tariff on Swiss imports to 15pc
  3. Viceroy Hotels installs next chief executive
  4. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  5. JW Marriott, Flamingo Estate roll out new wellness experiences
  6. HNWIs report surging interest in luxury cruises: Altiant, ILTM
  7. Hilton launches loyalty program at sea with Explora Journeys
  8. Hermès, Goyard lead consigner sales in 2025: Rebag
  9. Dolce & Gabbana debuts Devotion fragrance film
  10. The Macallan hosts exclusive residency at Rosewood Baha Mar
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