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The global fashion business journal

Oct 27, 202011:14am


h By Mds
Sep 4, 2020 — 11:03am
h By P. R. D.
Aug 3, 2020 — 5:00am
More time at home? Fashion consumption could decline by 50 bps in five years

When consumers work from home, they reallocate spend similarly to consumers in retirement, and apparel is the category that experiences the deepest decline.

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 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

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

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

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

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

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

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

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

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