Buying Practices

Op-Ed: Covid-19 & Apparel Sourcing In Uncertain Times

Leading sourcing expert and advisor, Ralph Goodstone on what brands and suppliers need to do to survive the uncertain times ahead.

The current coronavirus crisis is catastrophic for apparel suppliers, retailers and brands. Feelings of helplessness, confusion and panic abound. 

Global Brands and Retailers have cancelled in excess of £20 billion of orders worldwide and at least three months of peak spring-summer 2020 trading will be lost and Autumn presents a bleak unknown to an industry already struggling with declining high streets, overproduction of wasteful fast fashion, and a poor record on the  exploitation of human a…