Trade

H&M considers return fee for online Sales

H&M considers return fee for online Sales

H&M is considering charging fees for online returns as the number of refunds rise by 30%.

If a customer returns a product that was bought online in-store, there is no fee.

H&M is being affected by rising costs in sourcing, manufacturing and shipping.

Charging a fee for online returns is H&M’s first cost-saving exercise, not one to drive sustainability or reduce CO2 emissions.

The retailer’s current online returns policy states “H&M will refund most items, provided it has not been damaged, soiled, washed, altered or worn and that all labels and tags are attached”.

 

Related posts

India prepares to address exporters’ concerns

Perfect Sourcing Newsdesk

Right Time for Investments in Textile Sector

PS NewsDesk

Inflation Fails to Dampen Sales of Inditex

PS NewsDesk

Leave a Comment