Markets

h By P. R. D.

Aug 3, 2020 — 5:00am

More time at home? Fashion consumption could decline by 50 bps in five years

h By Iria P. Gestal

Jul 24, 2020 — 10:00am

Leicester, ground zero: the ultra fast-fashion hub that has shaken up fashion

The British Parliament already alerted a year ago about working conditions in the city, which became the second richest in Europe thanks to its textile industry.

h By P. R. D.

Jun 18, 2020 — 12:00am

Fashion questions sourcing in Bangladesh and India after Covid-19

Fashion groups that depend on these two markets follow closely the evolution of the pandemic and the business structure in both countries and are already beginning to think of alternatives.

h By Mds

Apr 15, 2020 — 5:14pm

IMF: world economy to shrink 3% in 2020 in worst setback since Great Depression

The IMF expects a “partial” recovery in 2021. The cumulative loss to global GDP over 2020 and 2021 could be around 9 trillion dollars.

h By I. P. G.

Apr 15, 2020 — 10:00am

Lessons from China after coronavirus: less traffic, cost containment and slow recovery

Consumers have cautiously begun to return to stores, and security measures such as temperature controls and use of face masks are imposed in shopping malls.

h By P. R. D.

Apr 1, 2020 — 4:00pm

Fashion sales to shrink by $600 billion this year due to corona crisis

In Italy or Spain, two of the most affected countries, the decrease in sales could reach up to 40%, according to Boston Consulting Group data.

h By I. P. G.

Mar 25, 2020 — 9:03am

How long does it take for consumer confidence to recorver?

Before the coronavirus outbreak, consumer confidence was already decreasing in the eurozone, while in Japan and the United States it was recovering.

h By C. J.

Mar 24, 2020 — 10:00am

Cotton prices hit ten-year low on uncertainty over coronavirus

The decrease in production, together with the fall of demand and the paralysis of cotton exports to the United States are some of the factors that motivated the price fall.

h By MDS

Mar 18, 2020 — 6:24pm

Golman Sachs expects Eurozone’s GDP to dip 1.7%

American international investment bank, Goldman Sachs has lowered the forecast of the main economies in the Eurozone and anticipates its GDP to plunge by 1.7%.

h By F. Tatiana. Ngo Bii

Mar 18, 2020 — 9:00am

If European giants cry, what would be of Americans?

The current pandemic has led to nationwide lockdowns. For American retailers, the path will be even harder.

h By MDS

Mar 17, 2020 — 6:18pm

Moody’s: fashion, one of the most exposed sectors to the coronavirus crisis

According to the American rating agency, the most exposed sectors are those linked to travel and discretionary spending, such as fashion or retail, excluding the alimentary sector.

h By MDS

Mar 17, 2020 — 5:38pm

France and Italy’s take measures against the coronavirus to protect the people and economy

Italy assigned 25 billion euros (27.8 billion dollars) to moderate the pandemic’s consequences, while France ensured that “no companies would be left exposed to the risk of bankruptcy”.

h By MDS

Mar 17, 2020 — 5:14pm

Retail sales in China fall by 20.5% in January and February

Industrial production, meanwhile, has fallen by 13.5%, while investment in equipment has decreased by 25%, according to the country’s statistic office.

h By MDS

Mar 17, 2020 — 4:15pm

Fashion stalled by coronavirus: $150 billion at stake

Italy, France, and Spain have decreed the closing of shops, while most fashion giants have shuttered their stores in North America.

h By MDS

Mar 16, 2020 — 5:46pm

Saudi Arabia joins Europe and U.S. and decrees to closure of all shopping malls

The western Asian country has about one hundred confirmed coronavirus cases, consequently joins the measures taken by Italy, Spain, and the United States during these past few days. Only grocery stores and pharmacies will remain open.

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News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.