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

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

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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