August 1, 2022

Fashion Retailer Missguided Places A Hundred And Forty Jobs In Danger As Part Of 'Complete Restructure'

The coronavirus additionally presents the fashion trade with an opportunity to reset and reshape the industry’s worth chain completely—and a possibility to reassess the values by which it measures actions. We anticipate that themes of digital acceleration, discounting, trade consolidation, and corporate innovation shall be prioritized as quickly as the quick disaster subsides. Even after witnessing waves of insolvencies, business leaders will want to get comfortable with uncertainty and ramp up future-proofing efforts because the potential for additional outbreaks and lockdowns loom. Could speed up some of these shopper shifts, such as a growing antipathy toward waste-producing enterprise models and heightened expectations for purpose-driven, sustainable action. There is little doubt that 2021 will continue to be powerful for so much of because the COVID-19 pandemic tracks an unsure trajectory.

Worldwide fashion industry urged to show support for Ukraine – The Guardian

Worldwide fashion industry urged to show support for Ukraine.

Read More