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Order-Cancelling Retailers Could Send Asian Factories into a Tailspin

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.

Retailers are slashing second-quarter apparel orders, and prolonged reductions in production for the back half of 2020 could mean factories across Asia may see closures similar to the levels last seen in the Great Recession. As store closures that were once billed as temporary, two-week measures are now set to drag on ad infinitum, fashion…

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