The Florence-based company expects the transition phase to extend to 2018 and sees medium-terms ambitions as “more difficult to achieve.”
The online powerhouse is paying up to end one tax dispute, but a bigger one doesn’t look to be going anywhere.
The Swedish retailer’s shares plunged 15 percent after it reported an unexpected drop in sales due to “weak” business at its stores.
With low overhead and enhanced inventory control, drop-shipping methods aim to crack e-commerce channels for retailers.
Basic customized efforts will increasingly wane in the face of hyper-relevant initiatives.