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As Excess Apparel Piles Up, Retailers Mull Viability of ‘Pack and Hold’

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

While the COVID-19 pandemic ultimately battered sales numbers across apparel, the longer-term consequences related to unsold inventory will continue to mount in the months ahead. Given the excess now accrued, fashion retailers are taking different approaches in a scamper to answer the question: “What are we going to do with all this merchandise?” When stores…

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