Fashion and lifestyle brands facing another crushing 20-30% decline in online sales amid second Covid-19 wave - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Fashion and lifestyle brands facing another crushing 20-30% decline in online sales amid second Covid-19 wave

“People have already gone through a lot of hardship and they see this is a crisis that is not going to go away soon,” said Dhruv Bogra, country manager for Forever New that has seen online traffic in April decline by 30% compared to March. “This is creating greater anxiety and uncertainty than before.”

from Industry-Economic Times
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