As supply chain costs soar and hit profit margins, retailers need to adapt To say the past few years have been challenging would be an understatement to say the least.
Consumers and retailers alike have lived through extremely volatile times – from a pandemic to subsequent supply chain issues and sky rocketing inflation, all topped off with the geopolitical crisis in Ukraine .
While some have fared better than others, “supply chain disruptions” have been called out across almost every fashion retail update over the past 24 months with M&S and Burberry among those lamenting the challenging conditions.“Acute supply chain headwinds […]
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