Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

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

By
Topshop owner Arcadia Group and Asos are some of the fashion retailers that are canceling supplier orders as a coronavirus coping strategy.
CREDIT: Geoffrey Swaine/Shutterstock

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.

Get Tickets Now

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!

© Copyright Sourcing Journal Media, LLC.

ad