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Brands Share Their Pain as COVID-19 Ravages Retail

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.

The data is in—and the numbers paint a stark picture of COVID-19’s crippling grip on American commerce, not just for brick and mortar but on digital retail as well. In a dramatic look at how rapidly the global pandemic has infiltrated U.S. retail, about 80 percent of 90 brands—roughly 44 percent of which sell apparel—touted…

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