COVID-19's Impact on the Clothing Industry - Some Retailers Are Cancelling Orders Out of Fear They Will Be Left With a Large Amount of Stock - ResearchAndMarkets.com

DUBLIN--()--ResearchAndMarkets.com published a new article on the clothing industry, "COVID-19's Impact on the Clothing Industry".

Lowered demand for new clothing during the COVID-19 pandemic is having a significant impact on the apparel manufacturing industry. Many clothing retailers have had to close their stores to protect customers and staff while retailers still operating online have seen lower demand as consumers spending more time at home have shifted their spending to items like office goods, homewares and games. As a result, some retailers are seeing an oversupply of apparel which has led them to cancel orders and delay new shipments out of fear that they will be left with a large amount of stock they cannot sell. This has left apparel manufacturers struggling to sell or store the unwanted stock.

Seasonality could also have a negative effect on the apparel industry even if demand for clothing returns to normal levels. It is likely that retailers and manufacturers alike will end up with a large amount of unsold spring and winter clothing that they may not see demand for until next year. Although demand for new clothing has fallen, demand for personal protective equipment is at an all time high. Some apparel manufacturers have switched to the production of PPE to help meet this demand. Companies like Gildan, HayneBrands and Merrow Manufacturing have responded to the extremely high demand for PPE by producing protective gowns and face masks to be distributed to healthcare workers.

To see the full article and a list of related reports on the market, visit: "COVID-19's Impact on the Clothing Industry"

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900