Help For Coronavirus-Disrupted Fashion Retailers To Get Assortments And Prices Right Upon Reopening [Forbes]
Amazon.com, Inc. (AMZN)
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Source: Forbes
Fashion retailer's message in time of coronavirus shutdownGetty ImagesUnlike the recession of 2008 which negatively impacted retail across the board, the global coronavirus pandemic has not been an equal-opportunity disrupter.Some segments have been able to stay open during the forced shutdowns, including grocery, drug, hardware stores, and mass merchants trading in essential products, along with online retailers, most especially Amazon, filling in the gaps.The government put its weight on the scales to support these retail segments, while effectively wiping out whole other non-essential retailers through the duration.Fashion retailers, including department stores, took one of the biggest hits, as thisexcellent analysisWith fashion so dependent upon seasonal trends, Dennis writes, “For fashion and luxury retailers and vendors, sadly, the losses will likely be historic and the potential re-shaping of the industry through store closings, bankruptcies and consolidations profound.”Now tha
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- Trump replaces architect to lead $300-million White House ballroom design [Los Angeles Times (CA)]Los Angeles Times
- Amazon.com (NASDAQ:AMZN) was given a new $300.00 price target on by analysts at UBS Group AG.MarketBeat
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
AMZN
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AMZN
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