The pandemic that’s shaken the world has forced businesses to frantically prepare for the worst case scenario. Retailers reliant on China have already been impacted the hardest with delays across their supply chain.
At the very beginning stages of the coronavirus, fashion weeks were the first major events that were getting cancelled. Now we’re seeing other big events across sports and music follow suit as it’s expanded into a global health emergency. Based on EDITED data, there’s already been a 16% decline in ‘Made in China’ products.
As coronavirus continues to develop and dominate headlines, we are joined by rebecca, Research & Analysis Director at EDITED, to break down what the true impacts to the retail industry are and strategies on how your business can prevail during this trying time.
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