hollydolly
SF VIP
- Location
- London England
...and aside from hundreds of inependant stores, small cafes..large coffee chains.. we've also lost furniture chains, ..and so many business, not related to retail .. it's been pretty horrendous . The other side of Covid-19 is going to be a very different country than what it was just 9 months agoA lot of retailers are suffering terribly, particularly specialty stores and apparel shops.
A quick primer:
Most manufacturers of girls and ladies' apparel have four seasons for which they create lines: Spring (big), Summer - sometimes known as Spring II (less so), Fall (biggest, by far), and Holiday (dressy clothing so lower numbers, but still significant).
Spring ships in December so Spring 2020 was still healthy. Summer ships in Feb/March so it barely hit the store floors when Covid closures started. Fall was virtually non-existent. Holiday promises to be disastrous (who needs dressy holiday clothing when there are no parties or gatherings to attend?) and Spring will probably also die on the vine.
Higher end apparel retailers and manufacturers are going to be filing for bankruptcy in droves by the time this is over. It's hard to imagine how small bridal shops and formal clothing stores will ride this out.