No matter what is reported about them, the fact remains that The Iconic is currently the largest online clothing store in Australia and hence has a great chance of becoming profitable over time.
(PRWEB UK) 16 February 2013
Management of leading Australian online coupon website, ilovecoupons, has dismissed claims that it may lose one of its largest publishers, The Iconic, in light of recent reports of leaked financial information from the online designer retailer from sources including Power Retail.
Louie Van Essen, Managing Director of ilovecoupons has assured loyal coupon customers that The Iconic will remain a valued partner of the top-ranking coupon directory and added there was no need to be concerned that the retailer would cease offering coupon deals through their website.
“The Iconic has been one of our strongest retail partners since they started operating, less than two years ago,” Mr Van Essen said when asked about The Iconic coupon code featured on the site.
“They have set up an impressive foundation as the frontrunner in the Australian fashion market by offering a local attitude and bringing local flair into the online shopping space that was otherwise heading dangerously into international territory.
“Right from the outset they have been offering customers fantastic coupon savings through ilovecoupons, with new exciting deals continuing to come online regularly.
Mr Van Essen said the reports surrounding The Iconic’s perceived financial problems did not accurately reflect the company’s relative infancy and long term potential.
“No matter what is reported about them, the fact remains that The Iconic is currently the largest online clothing store in Australia and hence has a great chance of becoming profitable over time,” he said.
“The Iconic has achieved a great deal in less than two years. But it takes a lot to build a business; to develop streamlined and efficient business practices leading to gains in market share.
“After all, this is retail and sales predictions can vary enormously compared to actual market fluctuations, so it really comes as little surprise that varying sales projection figures have been produced by The Iconic.”
With the Australian retail market suffering for so long and the swing towards online retail gaining rapid momentum, i love coupons was expecting sales to increase for The Iconic and other new online retailers offering discount coupons.
“ilovecoupons is passionate about supporting local Australian retailers and is proud to work with our retail partners to grow the market share of online sales.
“As long as The Iconic continues to offer a premium product with great discounts and promotional coupon codes, i love coupons will continue to work positively with them.
The Power Retail article, The Iconic's Email Leak in Ongoing Media Beat-up, was published February 6, 2013.