April 17, 2020

Inventory Is Piling Up During the Coronavirus Crisis — This Is How Companies Are Managing It

Post by: Studio Dev

As stores around the globe remain shutdown, fashion companies are facing a mounting problem: excess inventory. But e-commerce traffic has been surging, so many brands and retailers have pushed more inventory to that sales channel. Quantum Metric data notes retailers with both brick-and-mortar and e-commerce channels experienced 52% revenue growth online Jan. 27 to Feb. 23.