Fashion retailers face mounting stock piles as supply chain snarl-ups ease
Fashion retailers are grappling with mounting piles of unsold stock as improving supplier delivery times and weakening consumer demand impact inventory levels.
The shortening of lead times from East Asia has left retailers receiving new stock earlier than expected while many are still clearing last year’s delayed stock following supply chain snarl-ups.
The situation has hit a number of fashion chains at a time when consumers are reining in their spend as the cost-of-living crisis bites.
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