inventory

Fashion retailers scrambling to sell $5B inventory as GLP-1 craze leads to plus-size surplus: report

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Fashion retailers scrambling to sell B inventory as GLP-1 craze leads to plus-size surplus: report

Anti-fat jabs are throwing fashion a new curve.  A staggering $5 billion in clothing inventory is at risk of going to waste thanks to fashionistas melting away their waists on GLP-1 drugs, per alarming new reports.   As the A-list likes of singer Meghan Trainor and Sports Illustrated Swimsuit model Brooks Nader lead the charge in getting lean via Type 2 … Read more

Alcohol brands could be forced to sell inventory as industry giant declares bankruptcy

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Alcohol brands could be forced to sell inventory as industry giant declares bankruptcy

Alcohol giants Stoli Group USA LLC and Kentucky Owl LLC are liquidating their inventory in the U.S. after struggling to reorganize their businesses under Chapter 11 bankruptcy protection. Their creditors no longer believe the companies can successfully fix their finances and keep operating under Chapter 11 bankruptcy, which is meant to reorganize a business and … Read more