Originally posted by Fade to Black
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Actually, Faust, I am not really clear. I was mainly talking about Yoox.com - the website which sells old collections clothes - in itself, and not the group, which may do quite well. Indeed, being paid to run webstores isn't risky and must be quite profitable - as Yoox probably earns some kind of consulting fees in the end - since they have the knowledge and people to operate them (Marni, Jil Sander, D&G ...)
But The Corner's policy is beyond understanding (at least mine) : with the quantities they buy and their financial power, plus their low fixed costs, they should be able to get good deals from their suppliers (fashion houses mainly), and offer slightly better prices than the competition (smaller websites and brick-and-mortar stores). Everybody would buy from them then. Instead, they seem to focus on mere profit (blah, it's bad)
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