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The New Normal: A Darwinian Shakeout Will Create Fresh Opportunities

The crisis will shake out the weak, embolden the strong and accelerate the decline of those that were already struggling before the pandemic, compelling companies to evaluate divestment and acquisition opportunities and capture whitespaces that emerge from the reshuffle, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.
Some stores like Louis Vuitton are boarding up during lockdown | Source: Getty Images
By
  • BoF Team,
  • McKinsey & Company

This article appeared first in 

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