78% fashion brands offer free returns in UK: ReBound
20 Jun 17 2 min read
'The Great Returns Race' is a series of quarterly reports which focuses on the return policies of the UK's top fashion brands. It has studied over 200 clothing brands on their returns proposition, enabling retailers to see how they fare against their competitors. It also includes UK returns policies as well as international. The report provides the wider retail market with unique insight into which top fashion, sportswear, lingerie, beauty and footwear retailers offer a wow-factor returns policy... and which are lagging behind.
According to the report, 67 per cent of the online shoppers check the returns policy before they checkout. This shows that the returns have high influence on purchase decisions.
"Following on from the success, popularity and demand of the 2016 quarterly reports, we’re thrilled to officially unveil the first edition of 2017. Returns have long been perceived as a headache for brands rather than an opportunity to really impress their customers, build trust and loyalty, and subsequently encourage repeat purchases and growth overseas. This report shows exactly which brands are making the most of this opportunity and exactly how they’re doing it," Graham Best, CEO of ReBound, said.
"This isn’t just about comparing the biggest names in fashion either – surprisingly many sportswear brands are beginning to dominate the leading pack. For successful e-commerce brands it’s all about enhancing the customer experience and if they aren’t happy with large aspects of the buying process, including returns, customers are ripe for the picking from the many competitors in the market," added Best. (RR)
Fibre2Fashion News Desk – India
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