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Struggling Apparel Retailers Have Five Paths to Profitability

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

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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