3 sep 2021 - 12:00
Rising costs and changing from ship to plane to avoid port collapse have led the industry to expect three more months of falling margins. Adidas estimates a € 500 million impact in the second half of the year.
Markets
28 jul 2021 - 12:00
The employees of the manufacturing hubs in Asia are earning by 25% less than a year ago and many of them had to get into debt to survive.
12 abr 2021 - 04:00
Organic cotton has become a synonym for sustainability, but several scandals with fake certifications in India and forced labor in China question this raw material.
4 sep 2020 - 11:03
Average rents along Manhattan’s 16 retail corriders have being declining for eleven consecutive quarters. In the UK, retail store vacancies have reached its six-year high.
3 ago 2020 - 05:00
When consumers work from home, they reallocate spend similarly to consumers in retirement, and apparel is the category that experiences the deepest decline.
24 jul 2020 - 10:00
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.
18 jun 2020 - 00:00
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.
15 abr 2020 - 17:14
The IMF expects a “partial” recovery in 2021. The cumulative loss to global GDP over 2020 and 2021 could be around 9 trillion dollars.
15 abr 2020 - 10:00
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.
1 abr 2020 - 16:00
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.
25 mar 2020 - 09:03
Before the coronavirus outbreak, consumer confidence was already decreasing in the eurozone, while in Japan and the United States it was recovering.
24 mar 2020 - 10:00
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.
18 mar 2020 - 18:24
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%.
18 mar 2020 - 09:00
The current pandemic has led to nationwide lockdowns. For American retailers, the path will be even harder.
17 mar 2020 - 18:18
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.
17 mar 2020 - 17:38
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”.
17 mar 2020 - 17:14
Industrial production, meanwhile, has fallen by 13.5%, while investment in equipment has decreased by 25%, according to the country’s statistic office.
17 mar 2020 - 16:15
Italy, France, and Spain have decreed the closing of shops, while most fashion giants have shuttered their stores in North America.
16 mar 2020 - 17:46
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.
16 mar 2020 - 09:00
The crisis may presents an opportunity for the channel, but not for the sector because the consumer will prioritize the purchase of basic foods unless the current situation lengthens.
16 mar 2020 - 07:15
Last Friday, President Trump declared a national emergency over the coronavirus. Nike, Everlane, Abercrombie & Fitch are a few amongst many that have ceased their operations over the coronavirus.
15 mar 2020 - 13:00
All stores open to the public that are not of primary necessity will have closed their doors on Saturday in France, along with a similar measure taken in Spain that same day.
13 mar 2020 - 20:00
President of the Government, Pedro Sanchez, explains that the actions will extend for the next fifteen days.
13 mar 2020 - 17:33
The Colombian fair organizer, Inexmoda, expects textile exports from Colombia to the United States to increase in 2020 as brands seek alternatives away from China.
Modaes Global - Markets | Macroeconomic news related to the fashion business. All the news of macroeconomic indicators of the textile and fashion industry. - Modaes Global.
