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Asos CEO Nick Beighton has outlined plans to step up the etailer’s investment drive, as well as introducing new initiatives to cut plastic waste and improve payment methods to brands.
The ”prisoner’s dilemma” is a standard example in game theory. In it, two criminals can each betray the other to gain their freedom while increasing the other’s sentence, or stay silent to reduce both sentences. If each betrays the other, their sentences will remain the same.
As Asos recruits for its first foray into own-brand homeware, Drapers looks at why fashion retailers are expanding into interiors.