The Sakspocalypse and a Burberry Question Mark
Fashion People
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Navigating Retail's New Payment Landscape
This chapter examines a pivotal communication from the CEO of Saks regarding the transition to 90-day payment terms for vendors, sparking industry-wide discussion. It delves into the resulting cash flow implications for retailers, especially smaller brands, amid ongoing inventory challenges. The conversation also highlights the evolving fashion retail environment, addressing the need for size inclusivity and innovative consumer engagement strategies.
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