In The Style earnings fall amid ‘higher than anticipated’ return rates

In The Style 2

In The Style has suffered a fall in half-year profits after being hit by supply chain challenges and “higher than anticipated” return rates.

The online fashion retailer said pre-tax profit slumped 52% to £890,000 in the six months to September 30, despite a 39% surge in revenue to £29.8m. Direct-to-consumer sales jumped 24% to £23m during the period.

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