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

Li & Fung Raises US$300M Amid Volatile Market, Signals Financial Strength

PS NewsDesk

DONEAR GROUP ACQUIRES MAYUR BRAND

PS NewsDesk

COVID19 CREATES BIG DENT ON GARMENT CLUSTERS

Perfect Sourcing Newsdesk

Leave a Comment