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

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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

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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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