Online returns of Zara products will no longer be free . As stated on the company's own website, in the 'Exchanges and Returns' section, as of February 1, 2023, "returns will have a cost of 1.95 euros, which will be deducted from the amount refunded." Online returns, for which there is a period of 30 days from the date of shipment of the purchase, are as follows: If you have made the purchase with registration: you can request a return from the 'Returns' section. You can return items from different orders in the same shipment. A carrier will pick up your package at the address you choose in 24-48 hours. If you made the purchase as a guest: request a return by accessing the link that appears in any of the emails we have sent you about your order. This is a measure that Zara already applies in other European countries, and that also works in Spain in the rest of the group's brands.
Returns that take place in store or at a delivery point will continue to be free. Store returns have increased The measure, company sources tell Europa Press , has been very well received in the places where it is already being applied, and has had no effect on sales. What's more, says the CEO, Óscar García Maceiras, there has been an increase in returns in Zara stores Asia Phone Number List and a reduction in the return period. In fact, he adds, from a sustainability perspective, "consumers understand that it is a trend that will be implemented throughout the industry in the coming years." Everyone pending what the FED does with interest rates Any of the previous forecasts could be ruined, or, at least, vary, after knowing what the Fed will do with interest rates. This Wednesday, February 1, the Federal Reserve is expected to announce a new increase in interest rates, although experts suggest that the pace will slow down, since the increase will be 25 basis points.
All to give "full support to our highest priorities: to offer a profitable and long-term benefit." The multinational estimates that settlement expenses will represent around 1,900 or 2,300 million dollars, "most of which will be recognized in the first quarter of 2023." In addition to the layoffs, the firm has also announced actions to "optimize" the global use of its offices, and they hope to save $500 million by March of this year. In terms of advertising, Google doesn't give much joy either. Advertising revenue decreases in the last quarter of 2022 by 3.6% compared to the same period of the previous year. Advertisements on YouTube contribute to this fall, since it billed between October and December of last year 7.7% less than what it did between those 3 months but in 2021.The bet is firm, Spain has been a pioneer in seeing a future opportunity to transform its industry. The Perte has been a good start , but it is not enough, the Government must commit more. It must be seen that the electric car is a solution and not part of the problem.
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