Inside Sourcing Jun23
From overcapacity to inventories that remain stubbornly high, the outlook for sourcing remains less optimistic than earlier forecasts had predicted.

JUNE 2023

“We planned the year assuming that the economic health of the consumer would be challenged, but starting in late March, demand trends weakened further in our discretionary categories.”

THE SITUATION IN JUNE

Nearly half the year has passed and most supply chain stakeholders are still lacking clarity on where the market is going.

DEMAND.  Consumers are becoming more cautious, which has brands feeling nervous as we head into the back-to-school season and early holiday season.

 

InsideSourcing Jun23 thumb

Login to read this month’s summary of the INSIDE SOURCING  – including new developments in key sourcing nations, plus major import data. 

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