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41 Percent of Retailers Resort to Layoffs to Cut Costs

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The back half of March was a brutal time for retailers in the apparel industry, a new survey has found—but there were still bright spots to be found among smaller, digitally native brands. Of 94 apparel retail and e-commerce respondents, 49 percent said their business was “significantly below plan” in terms of sales made between…

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