A lot of seasonal merchandise, buried in containers, is arriving late due to supply chain problems. That means apparel wholesalers are stuck with a lot of clothes that were designed to get to retailers earlier this winter.
Although they make products for brands you know, most clothing wholesalers are companies you’ve probably never heard of. “They’ll work on the actual design, the manufacture, the importing and then the storing of the product and selling it on to a retailer,” said HSBC commercial banker Eric Fisch. Read more at Marketplace.