As states across the U.S. allow businesses to reopen, the post-lockdown landscape underscores the growing chasm between the haves and the have-nots in the apparel and accessory business.
Retail sales for the sector were the worst on record in April when Signet Jewelers, a billion-dollar chain, and ANTHOM, a New York City women’s boutique, made last-ditch shifts to e-commerce.
Only one is keeping the lights on.
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