Fashion industry says cancellations will endure in Q3, and beyond

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Fashion is set to have a slow re-start post-Covid, with a recent survey showing 40% of executives think they will continue to cancel or postpone orders until the fourth quarter, reports SupplyChainDive. All the respondents had cancelled some orders. Aside from Covid, US protectionist trade policies came top of the list of concerns for the third consecutive year, with just under one-third saying they now sourced more from Vietnam than China, up from 25% last year.