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The 2020 red carpet season officially kicks off with Sunday’s Golden Globes ceremony in Los Angeles. What’s changed in the past year? The biggest evolution is sheer diversity of looks, with stars, stylists and designers willing to push the envelope.
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Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…