Fashion retail was already in a dire condition in 2019. 2020 was brutal. But what's happening now is beyond any comprehension. Non essential stores are going down. State of Art, a men's fashion retail brand in Netherlands and Belgium, was a very successful business until March 13, 2020. We will be again in 2022 and beyond.
Read MoreAround the globe people become more aware of the trade off between buying fashion items, wearing them a few times, disposing and what it does do our planet. Many new (online and physical) retail platforms have started concentrating on second hand items and renting out. Some even say that the second hand fashion market will outgrow fast fashion by 2028.
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