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Struggling Apparel Retailers Have Five Paths to Profitability

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.

How are profits won and lost? What investments should take priority? What strategies will bear financial fruit? The answers to these questions, and more, vary depending on which of the five “archetypes” describes each individual fashion company, according to Deloitte. “Apparel and discretionary retailers should seek to keep current with consumers and, importantly, understand which…

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