Luxury Briefing: Why off-price fashion e-tailer Otrium closed its US operations

1 year ago 39

This week, a deep dive into why Otrium is pulling out of the states. Scroll down to use Glossy+ Comments, giving the Glossy+ community the opportunity to join discussions around industry topics.

On Thursday morning, off-price fashion e-tailer Otrium announced the closure of its 2-year-old U.S. operations. The deal at the center of the move puts more ownership of the off-price premium fashion market in the hands of Simon Property Group.

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