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Why Fashion’s Still Pushing Extended Payment Terms

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

When companies across fashion and retail began hoarding cash at the start of the pandemic, cost-saving strategies like taking more time to pay suppliers seemed like short-term emergency measures. Turns out, some of these bottom-line financial maneuvers could be around for the long haul. Covid-19 taught financial executives some harsh lessons, not the least of…

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