Amazon expands its apparel offering

From RetailWire: It’s clear that Amazon is interested in gaining share in the apparel business. The discussion focused on designer business, but I see Amazon expanding across the price point spectrum:

There is a big difference between upper-moderate, better and designer price points but it wouldn’t be a surprise to see Amazon going after any and all of these market segments. Clearly the CFO of Macy’s takes Amazon seriously in this business, since she mentioned them in her earnings call yesterday. There is upside for Amazon here, perhaps even more on the margin side than the market share side.

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