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Tailored and Ascena Illustrate One of 2020’s Bankruptcy Trends

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.

Were all of the past year’s bankruptcy cases the direct result of pandemic pressure? New analysis says probably not. While the majority of 2020’s blockbuster bankruptcies can trace their origins to cash-flow crunches resulting from temporary store closures and other coronavirus disruptions, Fitch Ratings says a fair number filed as a clear-eyed strategy. Those strategies,…

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