• Home
  • Tags

Coronavirus news and archive


Supply chain woes could cost Gap 650 million dollars

The product delays affecting Gap are the latest example of supply chain woes facing the fashion industry. After adjustments, Gap expects the loss of inventory to be between 550 million to 650 million dollars in lost sales. On top of that the American retail giant is spending 450 million dollars in air freight to expedite shipping and avoid...

Nov. 25, 2021