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Mass Merchants Are Swiping Market Share from Apparel Retailers

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

The COVID-19 pandemic has impacted apparel and fashion in various ways, but many have argued that the crisis only accelerated what was already inevitable. One such trend that had occurred in the years before the pandemic was a major consolidation of retail market share, in which shoppers increasingly prefer mass merchants for their apparel shopping…

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