Supply Chain Council of European Union | Scceu.org
News

Designer brands expected to leave discount stores due to supply chain issues

LOUISVILLE, Ky. (WAVE) – Global supply chain issues are affecting designer brands like Under Armour, Ralph Lauren and more, leaving bargain hunters at a loss.

The companies said they are stepping away from those discount chains like T.J. Maxx, Burlington and Ross, who carry the excess of premium apparel and shoes for lower prices.

According to some designer brands, discounts stores are the least profitable outlet and they dilute their image. These brands were already moving away from the chains before the pandemic.

T.J. Maxx said not to worry, stores will be “frequently updated with new and on-trend items.”

Copyright 2021 WAVE 3 News. All rights reserved.

Related posts

RJW Expands Supply Chain Analytics Offerings With Edge Insights

scceu

3 Strategies for Securing the Supply Chain, Security’s Weakest Link 

scceu

Global Student Information System Software Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2020-2026

scceu