Severe Weather Threatens Businesses. It’s Time to Measure and Disclose the Risks
Harvard Business
SEPTEMBER 14, 2017
When weather conditions are on average adverse over days, weeks, or entire seasons, shortfalls in sales cause reduced cash flows and can lead to financial distress and business failure. In the apparel sector, for instance, the unusually warm winter temperatures across Europe and the U.S. These disruptions add up. alone, or 3.5%
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