July 2024
This Month in Finance
For CFO’s that were hoping to get some relief this summer in the form of interest rate cuts and lower logistics costs – neither is coming. Not now, and mostly likely not any time soon.
The combination of the two is enough to crush the fragile margins that many brands are struggling to maintain.
Still, companies are benefiting from the pruning of underperforming stores, brands and staff that has taken place over the past 12-18 months. That, plus reduced inventories, has given brands the bandwidth to weather the current market and continue to innovate.
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