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Supply Chain Recovery Plans Are Meaningless Without a Read on Post-Virus Consumer Spending

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

There’s little certainty around what the post-pandemic new “normal” will look like, and that’s why the fashion supply chain should be thinking now about what consumer spending might be to properly gauge a recovery plan for the back half of 2020. Fitch Ratings is projecting that retail discretionary spending will plunge 40 percent to 50…

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