Why Amazon looks to decimate private label offer
Amazon is going to sharply reduce its private label offering to fewer than twenty brands. 90 % of its fashion brands will disappear.
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Amazon is going to sharply reduce its private label offering to fewer than twenty brands. 90 % of its fashion brands will disappear.
To cut big costs, Amazon is slashing down a dozen of private label brands that did not resonate well with customers.
Amazon is cutting back on the number of own brands it offers on its marketplace. The retail giant plans to drop 27 of its 30 private label clothing brands as
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Amazon.com is shelving several private clothing brands in an attempt to reduce costs and address antitrust scrutiny, a source familiar with the matter said on Thursday. The move was... -Today at 11:53 am- MarketScreener