Shanghai's fashion stores struggle to clear lockdown stock hangover

Shanghai's fashion stores struggle to clear lockdown stock hangover

SHANGHAI: 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 sho

Shanghai's fashion stores struggle to clear Covid-19 lockdown stock hangover

Weeks after re-opening, retail sentiment is downbeat with Shanghai's consumers yet to return to malls in significant numbers and footfall around half its usual levels in major downtown malls, according to retail staff.

Shanghai's fashion stores struggle to clear lockdown stock hangover

By Casey Hall SHANGHAI -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

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.