Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy
Retail TouchPoints
JUNE 12, 2020
during Q1 2020, and unlike many other retailers that made up some of the difference with e-Commerce growth, its online sales, including rentals, fell 31.9%. However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. The retailer posted a sales drop of 60.4% in February.
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