Top stories this week on just-style include a look at what the future holds for fashion retail post-Covid-19, and if the fractured buyer-supplier relationship – until now based significantly on trust – can be repaired. We also explore five actions retail supply chains can take to navigate the pandemic, and PVH Corp is reducing and redeploying its inventory commitments.
What’s the future for fashion retail after coronavirus?
In just a few short weeks our industry has been turned upside down by the global spread of coronavirus. The question now is what will fashion retail be like when the pandemic is over? Here, Malcolm Newbery shares his thoughts on life after Covid-19.
Can the fractured supplier-buyer relationship be repaired?
Clothing retailers and brands around the world face dwindling sales, store closures and mounting stock inventory due to the coronavirus pandemic. In Bangladesh, millions of dollars worth of clothing orders have been cancelled and some factories are just a step away from shutting down their operations. But what happens when it all blows over? Can the fractured buyer-supplier relationship – until now based significantly on trust – be repaired?
PVH Corp redeploying and repurposing inventories
Apparel giant PVH Corp, owner of the Calvin Klein and Tommy Hilfiger brands, is trying to offset the fallout from store closures across North America and Europe by reducing and redeploying its inventory commitments.
Five actions retail supply chains can take to navigate Covid-19
As the coronavirus (Covid-19) outbreak has spread and its humanitarian impact has grown, challenges have arisen in the global supply chain. As a result, retailers are taking actions to resolve the immediate challenges the pandemic presents to supply-chain workers, business partners, and operations.
New Look halts supplier payments and new orders
New Look has suspended payments to its suppliers indefinitely as it works to navigate the Covid-19 crisis.
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