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Off-Price Could Gain from Fashion’s Glut of Garments–But Sector’s Success Won’t Be Smooth Sailing

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.

Conventional wisdom might dictate that off-price giants will be the biggest beneficiaries of fashion’s current inventory crisis, but the sector is facing risks and pitfalls of its own. There’s scant evidence to indicate a pent-up demand to shop for clothing even when loosening lockdowns lift nationwide. The coronavirus pandemic’s impact just might chill consumer sentiment…

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