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Jan. 27, 2021
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Retail

How retailers should deal with stale inventory from store closures

July 23, 2020

Chanel handbags and earrings on Gilt offer the brand an way to push old inventory Image credit: Gilt Chanel handbags and earrings on Gilt offer the brand a way to push old inventory. Image credit: Gilt

 

By Dianna Dilworth

As retailers worldwide were hit by COVID-19-induced lockdowns and store closures, inventory that was left on the shop floor grew more stale by the day.

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  1. Gucci visits Hyde Park in winter campaign
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  3. LVMH revenues top $54B in 2020, as fashion leads recovery
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  5. Burberry transforms customer experiences through digital innovation
  6. Relationships are the new currency in luxury sales
  7. Whitehall Interiors' Sara Ianniciello: Luxury Woman to Watch 2021
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  10. Belmond reopening renovated hotel in northern Italy
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