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Consumer Optimism Holds Steady, But Virus Remains a Threat

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

The viral outbreak spreading across the globe could threaten economic growth and consumer spending. First quarter U.S. gross domestic product is tracking in the 2 percent range, setting the stage for a 2020 GDP growth rate of 2 percent, already a slight slip from 2.1 percent in the fourth quarter. On top of that, data…

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