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GDP Forecasts Are on the Decline, and COVID-19’s to Blame

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 rapidly spreading coronavirus has muddied U.S. GDP estimates for 2020, as some economists hold back from factoring in potential damage from a domestic outbreak that hasn’t yet occurred. And President Trump on Wednesday downplayed fears, noting that so far the situation is “controlled” in America and minimizing federal health officials’ exhortations to prepare as…

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