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Amazon Cuts Referral Fees for Apparel Merchants

amazon-cuts-referral-fees-for-apparel-merchants
Retail

Amazon Cuts Referral Fees for Apparel Merchants

Amazon.com is slashing its merchant fees for clothing vendors in an attempt to compete with Chinese fast-fashion retail site Shein, which may be on the docket to IPO in 2024. The online retail giant announced Tuesday that referral fees for items priced under $15 will drop from 17 percent to 5 percent. The fees for […]