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Fashion Has a $230 Billion Inventory Problem. Here’s What it Can Do.

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Fashion has long struggled to get its arms around inventory, and Covid-19 has exacerbated these challenges, with tons of product remaining unsold even when stores started reopening in May. According to retail data science company PreciseTarget, retailers are sitting on as much as $230 billion in apparel and footwear with no place to go. Even…

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