Macys
Retail sales have been better than most industry watchers expected, but profits have taken a hit - especially for brands that compete in the mass market sector. While no one is expecting 2023 to be a banner year for brands, there’s not much talk around potential bankruptcies. Unlike during the years around the Global Financial Crisis which took down multiple brands and retailers in Europe and the U.S.

February 2023

OUTLOOK

Retail sales have been better than most industry watchers expected, but profits have taken a hit – especially for brands that compete in the mass market sector.  

While no one is expecting 2023 to be a banner year for brands, there’s not much talk around potential bankruptcies. Unlike during the years around the Global Financial Crisis which took down multiple brands and retailers  in Europe and the U.S.

EXECUTIVE  INSIGHTS

Inside Finance Feb2023

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