Overview The fashion landscape is evolving and the COVID-19 pandemic has only further accelerated trends and challenges that the industry faced prior to the crisis. As sales decline, store closures continue, and consumer behavior changes, the fashion industry is struggling to keep up. A report by McKinsey found that economic profit in the industry declined […]

The COVID-19 pandemic has radically transformed the way the world works. Many businesses have gone into survival mode while others have been forced to close their doors permanently. The crisis has caused severe disruptions to the global supply-chain and inherently changed consumer behavior.

Overview The fashion landscape is evolving and the COVID-19 pandemic has only further accelerated trends and challenges that the industry faced prior to the crisis. As sales decline, store closures continue, and consumer behavior changes, the fashion industry is struggling to keep up. A report by McKinsey found that economic profit in the industry declined […]

The COVID-19 pandemic has radically transformed the way the world works. Many businesses have gone into survival mode while others have been forced to close their doors permanently. The crisis has caused severe disruptions to the global supply-chain and inherently changed consumer behavior.