Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
© Khunaspix Dreamstime.
If necessity is the mother of invention, then the bleak times that the retail sector has been through since the onset of recession have at least meant that its survivors now operate some of the most battle-hardened supply chains ever developed. The decline in consumer spending, combined with the unprecedented upheaval caused by the rise of e-commerce, has forced retailers to develop some of the most robust, yet flexible, supply chains ever seen.
Comment on this article