Clothing Companies Lean on Retailers to Help Ease Inventory Glut

Clothing Companies Lean on Retailers to Help Ease Inventory Glut Clothing Manufacturers Custom

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https://www.wsj.com/articles/clothing-companies-lean-on-retailers-to-help-ease-inventory-glut-66118539

Several major apparel and accessory brands this week reported weaker sales, a sign that the industry is still struggling to address last year’s retail inventory glut and the prospect of weaker consumer spending.

Companies have been discounting everything from Levi’s skinny jeans to Vans sneakers and reporting squeezed profits as a result. At the same time, department stores have been slower to replenish merchandise or canceled orders as consumer demand remains fragile and they address their own product glut, retail executives said.

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Coat Manufacturer This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.