Supply Chain Research

Brooks Brothers has filed for Chapter 11 bankruptcy protection due to declining clothing sales according to press reports, making it the latest retailer to do so in the wake of a COVID-19 led drop in demand. U.S. seaborne imports of apparel and textiles fell by 29.9% year over year in June after a 46.1% slide in May, making it one of the worst performing consumer discretionary sectors. Seaborne imports to the U.S. linked to Brooks Brothers entered a steep decline in 2020 with a 74.2% year over year drop in Q2 following a 46.9% slide in Q1. The firm has previously reoriented its supply ch...