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Wholesalers Like Nike Are Stuck With ‘Bad Debt.’ Here Are Their Options.

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Apparel suppliers and manufacturers throughout the COVID-19 pandemic have been hit particularly hard as many of their retail clients either missed, canceled or deferred payments for goods. Major apparel wholesalers have been eating the costs of these failed payments and have had to write them off in the form of “bad debt,” including Nike, PVH,…

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