Empty clothing stores, but full warehouses. The fashion industry cannot escape the consequences of the lockdown either. The corona crisis exposes the problems within the sector, but there are also solutions. “We have to work together to transform the industry.”
Now that non-essential stores have been closed for some time, many entrepreneurs are left with unsaleable stocks of clothing. Because although a winter coat or a T-shirt does not spoil after a season, when it comes to trends, they prove to be difficult to keep. A report by the Global Fashion Agenda shows that the consequences of the pandemic meant that the surplus of clothing in 2020 was about 40 to 60 percent.
‘Large stock remains’
“Online sales at retailers appear to have increased enormously, but many entrepreneurs say it is nowhere near what they would sell in their stores”, says Anne-Ro Klevant Groen, marketing and communication manager at Fashion for Good, a organization that focuses on innovation in the fashion industry. “There is still a large stock.”
“Selling the collection in a later season would be an option,” she says, “but for high-end fashion that is more difficult than for basic items.” Another solution is to adjust the clothing and still sell, resell or rent out. “Recycling or downcycling are also options.” Brands could also digitize even more. “For example by purchasing more on demand, but also by using digital showrooms and virtual stores.”