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Shanghai's fashion stores struggle to clear lockdown stock hangover


Almost a month since Shanghai lifted its strict COVID-19 lockdowns, fashion retailers are stuck with piles of unsold stock as cautious consumers stay away from the commercial hub's glitzy shopping districts. Curbs to stop the virus in Shanghai, China's fashion capital, ground the city of 25 million to a halt in April and May, leaving clothing and beauty product displays in stores untouched and containers of imported apparel stranded at port.

Reuters - June 24, 2022

View the full story here: https://www.reuters.com/business/retail-consumer/shanghais-fashion-stores-struggle-clear-lockdown-stock-hangover-2022-06-23/