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Bankruptcy, Refinancing Risks Ahead for Neiman, Ascena, Others

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 shutdown in brick-and-mortar is setting retailers up for some challenging times—particularly those with high levels of distressed debt. Even if e-commerce can bring in some sales during this pandemic prompted quiet period, it won’t make up for the shortfall from brick-and-mortar, which will prove a direct hit to retailers’ cash flow. A report from…

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