Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

US, EU Fashion Brands Refused to Pay $16B in Garment Orders: Report

Join Sourcing Journal on May 18 at 11 am ET to learn how Cotton USA Solutions helped Tata Textile Mills become more efficient and create a path toward continues improvement.

$16.1 billion. That’s how much apparel imports flopped from April through June in the United States and from April through May in the European Union. Given the lead times on apparel orders, the only plausible explanation for the steep decline is the failure of brands to pay for the clothing they ordered before Covid-19 seized…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!