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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. By 2019 Forever 21’s sales declined from a peak of $4.4 billion in 2019.

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6 Ways Farfetch is Disrupting Luxury Retail

Indigo 9 Digital

Commissions typically range from 25%-33% depending on whether in addition to providing eCommerce functionality Farfetch manages shipping, returns or other services. With more pricing control brands can offer more merchandise at full price, avoiding markdowns which are thought to negatively impact a luxury brand’s image.

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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

In many of these arrangements the retailer hosts the marketplace and instead of buying the inventory from the brand the brand is responsible for it and a retailer like Marks & Spencer pays a commission on every sale. 57% of Amazon’s unit sales in come from third party sellers on its platform. Do you like this content?