Solving Fashion’s Inventory Problem

Negotiating a Higher Salary, Fashion's Sustainability Secrets

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, JULY 19, 2022 Retailers are reducing order sizes and holding sales as inventories creep back up. Today's tight labour market is an ideal time to ask for a raise, but a potential recession is complicating salary negotiations. H&M said it would exit Russia, formerly its sixth-biggest market. Top fashion players aren't disclosing basic sustainability data. Get BoF's Weekly Sustainability Briefing. The latest report from BoF's in-house research team on the $72 billion designer bags and small leather goods category launches tomorrow, July 20.

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RETAIL Why Fashion's Inventory Problem Is Back (And How to Solve It) By Cathaleen Chen

A combination of shipping delays and misjudging consumer demand has caused products to pile up. Retailers are using a mix of discounts and more creative measures to bring them back down. READ MORE

WORKPLACE & TALENT Is Now the Right Time to Ask for a Raise? It's Complicated By Sheena Butler-Young

It's still an employee's labour market, but recession fears are adding new challenges to pay negotiations. READ MORE

SUSTAINABILITY Fashion's Sustainability Secrets By Sarah Kent The industry's biggest players still aren't disclosing basic data about environmental and social impact, putting them in the firing line as regulators look to crack down on greenwashing. READ MORE

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NEWS BRIEFS Greece's Fur Industry on the Brink as EU Sanctions on Russia Bite Esprit Plans Asia Comeback With Departure From Fast Fashion Sri Lankan Apparel Exports Under Threat Amid Economic Crisis H&M to Exit Russia

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