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2020 in Review: All the Big Fashion Names That Filed for Bankruptcy

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

The year 2020 will be remembered for the breathtaking pace of bankruptcies across fashion and retail. The industry saw at least 48 retail and fashion bankruptcies—including three mall owners—in the U.S. and overseas. Many firms were already struggling before the pandemic hit, and were barely able to keep their operations afloat. With little to no…

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