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Aug. 1, 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. Hermès sees robust 77pc growth y-o-y in first half
  2. Day’s wrap: Hermès, LVMH, Bentley and Bloomingdale’s
  3. Luxury brands join Generation Equality Forum
  4. Introducing Luxury Women to Watch 2021
  5. Audi highlights passion, progress in new film series
  6. Zenith inspires younger consumers with new ambassador effort
  7. Relationship between luxury, gamification is evolving in real-time
  8. Chanel marks century of N°5 with high jewelry tribute
  9. Bentley surpasses best full-year profits in record first half
  10. Louis Vuitton, Lauren Santo Domingo bring summer bags to the Hamptons
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