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Fashion Brands Could Lose $1 Trillion in Brand Value Over COVID-19

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

Coronavirus has forced a supply and demand problem for fashion, leaving it in a worst-of-both-worlds conundrum that will see sure contractions in the sector. U.S. retail sales suffered the biggest one-month blow on record, dropping 8.7 percent in March, according to U.S. Commerce Department data released Wednesday morning. Stores and e-commerce sales, plus auto and…

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