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High-end clothes are Amazon's (AMZN) latest frontier, and like other markets (I, II, III) the...

  • Monday, May 7, 2012, 6:57 PM ET
    High-end clothes are Amazon's (AMZN) latest frontier, and like other markets (I, II, III) the company is betting big on, it's comfortable losing money to stimulate growth. The e-commerce giant has signed up hundreds of clothing brands over the last year, and that contributed to a triple-digit Y/Y increase in apparel sales. However, Amazon still has to contend with brands wary of its historically aggressive pricing, as well as competition from specialists such as Gilt Groupe.
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This news story has 2 comments:

  •  
    What can't they do? Why? Amazon, why? This is an unprofitable game where nobody wins.
    7 May 2012, 08:56 PM Reply Like
  •  
    Everything that AMZN does is efficient,streamlined, expansive , well marketted, diversified.....just needs more profit.....Bezo's not scared of taking risks or trying new things.....the Sears and Roebuck of yesteryear....the break even Kindle Fire a mobile catalog.....
    8 May 2012, 01:48 AM Reply Like
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