The tech giant is going all in on the digital experience.
The Swedish fast fashion chain will shutter nearly 200 locations.
Due to the effects of the Coronavirus (COVID-19) pandemic.
Following a fallout with Nike late last year.
Aiming to give a voice to creators and consumers who’ve been underserved.
While seeing a 75 percent increase in online sales.
Trade-in old gear for credit or buy second-hand pieces for a fraction of the retail price.
The Italian brand wants out of its lease on the New York City shop.
According to industry insiders.
Unsurprisingly, high turnover is purely a result of the bottom line.
Not enough likes for the department store chain.
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