Clothing retailer statistics
To determine the amount of unsold inventory (clothing only) for H&M and the Zara clothing line; identify available statistics on Fartech, Asos, and Boozt - such as the space inventory in square meters
, number of units/SKU's
, and return rates
; and obtain useful insights on how fashion is consumed in France and the UK.
Available Stats on Fartech, Asos, and Boozt
Fartech's itself does not own or keep any inventory. It helps connect consumers to their favorite brands and boutiques. It grossed $910 million in sales in 2018. It also doesn't disclose its rate of returns or cancellations. Asos racked in sales worth $2.94 billion in 2018, growing 26% year-on-year. Asos does not disclose its return rates but industry experts place this figure to be between between 25% and 70%. It recently had to issue a policy reform to crack down on "wear and return" customers due to the high rate of return transactions initiated by its consumers. Boozt in its annual report disclosed that it generated a total of $288.4 million in 2018. The rates of returns remained stable at 40%. It also disclosed that it currently holds an inventory of about 4 million items.
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