“A lot of consumers are diverting their discretionary spending for stocking up.”

“They have pharmacy and they have grocery,” retail researcher Sucharita Kodali says.

“The vast majority of certain products are only done in China.

Clothing racks at a store

Confindustria Moda president Claudio Marenzi said he anticipates the fallout from COVID-19 to go beyond the end of 2020.

shopping bags

Buying clothes