Store closings, bankruptcy cases pile up for business wear retailers during COVID-19: Are dress clothes gone for good?USA TODAY Money - Nathan Bomey
Dressing up is being dressed down – and that’s bad news for retailers that specialize in traditional office clothes. After years of business attire becoming increasingly casual, the sudden transition working
- Harvard Business Review - Federico Caniato and Antonella Moretto and James B. Rice, Jr.
High-profile bankruptcies, refinancing deals, and drastic cost-cutting involving the likes of Brooks Brothers, JCPenney, Hertz, Neiman Marcus, Ford, and GM are testament to the financial distress wrought