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

Tailored and Ascena Illustrate One of 2020’s Bankruptcy Trends

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.

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,…

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