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Bestseller’s Reported Order Cancellations Deal Suppliers ‘Huge Financial Blow’

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Bestseller is reportedly imposing retroactive price reductions, order cancellations and extended delays in payment of invoices “across its supply chain,” according to labor rights advocates. Suppliers told the Workers Rights Consortium (WRC) last week that the Denmark-headquartered apparel retailer—which also owns the Jack & Jones, Mamalicious and Vero Moda brands—have canceled up to 20 percent…

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