摘要
Since the outbreak of the COVID-19,the global economy has fallen into recession,and the lifestyles and consumption ability of residents have undergone important changes.As the country with the largest number of confirmed cases and deaths,the economic downturn and consumption shrinkage are even more serious in the United States.In the second quarter of 2020,U.S.GDP fell by 32.9%year-on-year,the largest drop since records began in 1947.Among them,personal consumption expenditure,which accounts for about 70%of the economy,dropped by 34.6%,the worst performance since the data was recorded.The apparel retail in the United States also suffered heavy losses.In April,it recorded the largest decline of 86.5%year-on-year.Many well-known apparel retail brands such as Brooks Brothers,Ann Taylor,LOFT,J.Crew,etc.have filed for bankruptcy protection and thousands of clothing stores are closed.
