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Top stories on just-style in May...
2020-05-28 18:30:00| Daily apparel & textile news and comment - from just-style.com
Top stories on just-style in May continued to be dominated by the impact of the Covid-19 pandemic on the global apparel industry and its supply chain. During the month we took a look at how the flood of excess inventory will likely lead to widespread administrations for companies in the UK, Europe and the US, and how the crisis could result in fewer, smaller collections from more sustainable supply chains. HanesBrands said PPE could become a permanent part of its portfolio, while Kohl's moved to tighten up its apparel offering, and Boohoo raised US$241.4m through a share placing designed to help it fund future acquisitions.
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