Renting Out Fashion Could Prove a Cure for Ailing Department Stores

“Even though Neiman Marcus opened to disappointing quarterly figures last week, with sales down more than 7% from a year ago, business is still booming in its San Francisco outpost. Thanks to a new collaboration with Rent the Runway, the retailer reports a game-changing increase in foot traffic.”

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Here’s How Li & Fung Plans to Create the Supply Chain of the Future

In looking more closely at the sourcing company’s Three-Year Plan announced Wednesday, there are three key focus areas that will drive Li & Fung toward the supply chain of the future: speed, innovation and digitalization.

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