Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

H&M Laying Off ‘Tens of Thousands’ While Primark Halts New Factory Orders

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The reality of the coronavirus pandemic is hitting home for H&M Group, Primark and Laura Ashley. The Swedish fashion heavyweight and Primark parent Associated British Foods are each scrutinizing operations to figure out they can shore up bottom lines made increasingly shaky by outbreak-driven store closures and sagging consumer demand. British label Laura Ashley, meanwhile,…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!