The online fashion retailer will soon stop managing its customer returns in-house. A third party specialist will handle the retailer’s returns in its logistic centres in Germany, according to media reports.
Farfetch has made several changes to its senior management team. Kshitij Kumar has been appointed as the company’s first chief data officer, whilst Holli Rogers is to become its first chief brand officer.
Berlin-based personalised fashion start-ups Outfittery and Modomoto are merging in an effort to accelerate growth in Europe, where they compete with online-only retailer Zalando's own bespoke clothing business.
Marimekko had good news on Thursday as it reported Q1 net sales that rose 13% and a doubling in comparable operating profit, helped by the timing of Asia Pacific wholesale deliveries and stronger Finnish retail sales.