3 ms·
I don't think they got caught in a trap, they followed their customer's preferences and decreased purchasing power. It costs a lot of money to make quality gar
by lotsofpulp 10mo ago
I don't think they got caught in a trap, they followed their customer's preferences and decreased purchasing power.
It costs a lot of money to make quality garments, and a smaller proportion of people can afford them. On top of that, online sales have lower cost of goods sold than sales at physical stores, so it takes some time for all those real estate leases and staffing models to adjust to the new market.