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Coronavirus Claims a New Retail Victim: Outlet Stores

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.

China’s coronavirus outbreak could be taking a toll on yet another sector in retail: brick-and-mortar fashion outlets. A slowdown in sales at outlet stores selling fashion, footwear and accessories could be due in part to reduced activity from so-called “bulk buyers,” a category of shoppers previously called “diverters” who buy product in a large quantities…

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