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

Debt Could Be the Death Knell For These Distressed Retailers

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.

2021 isn’t likely to deliver the same level of financial implosion that rocked retail and apparel last year, according to Moody’s Investors Service, though the credit ratings firm’s outlook is higher than other post-recessionary periods. The rating firm’s forecast of a 5.3 percent default rate for apparel and retail firms this year hews fairly closely…

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