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Thursday, January 9, 2020

AlixPartners Says Apparel Vulnerable During Retail Shakeout - Wall Street Journal

Apparel will remain a particularly vulnerable segment of the retail industry in 2020 because there are still too many clothing stores amid the growing popularity of secondhand and vintage-wear, according to a report by turnaround firm AlixPartners LLP.

Last year, apparel sellers accounted for a bigger proportion of bankruptcy filings compared with other types of retailers, AlixPartners Managing Directors David Bassuk and Joel Bines said in the report this week.

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January 10, 2020 at 07:07AM
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AlixPartners Says Apparel Vulnerable During Retail Shakeout - Wall Street Journal
"apparel" - Google News
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