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Working Capital: Macy’s, Burlington, Nordstrom, Asos Move to Drum Up New Funds

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.

With cash flow cut off as physical stores stay shuttered indefinitely, retailers are looking for ways to build working capital so they can purchase inventory for when brick-and-mortar is expected to be back in business for the second half of the year. E-commerce revenues drive a fraction of the sales that happen in stores, making…

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