Last modified on Mon 1 Feb 2021 08.48 EST
As the number of fashion retailers closing down continues to rise, emptying at the highest rate since 1999 according to Bloomberg, optimistic analysts have forecast a post-Covid recovery.
The Economist predicted a “new period of economic dynamism” was on its way, while Prof Paul Krugman wrote in the New York Times that “things will get better” and the business mogul Tilman Fertitta told CNBC : “The consumer is coming back … this is going to be the ‘roaring 20s’ – you can just see it.”
Prada model at menswear fashion week in Milan this month. Photograph: Sipa/Rex/Shutterstock