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Amid COVID-19 Crisis, Asos and Arcadia Struggle to Maintain Business as Usual

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.

As the COVID-19 pandemic continues to see consumer spending on non-essentials plummet, Arcadia Group and Asos are just the latest in a list of high-street retailers that have resorted to canceling orders as a coping strategy. The companies join fellow fast-fashion firms Zara, Primark, New Look and Next in hitting the pause button in a…

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