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Excess Inventory is Hurting Apparel Brands
Over the past several months, we’ve covered the state of excess inventory in apparel retail through the pandemic, and it’s looked bleak. As apparel retailers emerge from a pandemic slumber, they’re facing a harsh reality: Their investments of hundreds of…
Apparel Retailers are Holding on to their Excess Inventory to Sell Later. Will it Work?
As retailers and brands continue to deal with the overstock that resulted from closing their stores during the pandemic, some have adopted a new tactic. Rather than deeply discounting and liquidating excess inventory, brands are packing and holding their overstock…
Warehouse Woes: When Excess Inventory Needs Out
Surplus. Excess inventory. Where does it go and what are the costs? Depending on how efficient your reverse supply chain is, having excess inventory can be detrimental to your profitability and take time away from core business activities. When it…
Sustainability in Today’s Market: A Must for Retailers and Brands
Just as consumer demand leads the course of product development, so too does it guide the course of product disposal. Today, consumers are likely to spend more money with their favorite retailers if those retailers sell secondhand apparel or have…
A Look at Sales, Safety, and Strategies for European Apparel Retailers
As the effects of COVID-19 spread around the world, different product categories were disproportionately affected, and the fashion industry was hit particularly hard across Europe as only essential goods were selling. As retailers begin to open over the next few…
Watch Webinar: Strategies for Excess Apparel, During + Post COVID
As apparel stores begin to reopen across Europe, it’s likely excess stock is growing in warehouses that will need to be sorted out. Clearance sales aren’t going to be enough, and discount retailers likely won’t have the capacity or cash…
As Apparel Sales Drop, a Pile of Overstock Rises
It wasn’t that long ago that we were talking about post-holiday returns and what apparel retailers could do to tackle them. Holiday returns seem like small potatoes compared to the impact of COVID-19: today, apparel retailers are facing a mounting…
Is Off-Price Off the Table Post Covid-19?
As the forced closure of nonessential businesses swept the nation, apparel retailers were put in a difficult position. With the shuttering of countless stores, it’s become clear that once the quarantine is over, there will be a massive amount of…
A Strategy for Surplus Apparel Post COVID-19
In the month since apparel retailers and department stores were forced to shutter their doors, it seems as though fashion—and time—have stopped moving. Between stay-at-home orders and the movement of only essential goods, the fashion industry is on the brink of…
The State of the Retail Market – During and Post-COVID-19
In today’s reality, markets have shifted and new trends are emerging. Consumers are focusing on needs versus wants; some products are in high demand, while others are headed for a world of surplus. As logistics and labor operations continue to…