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The global fashion business journal

Apr 7, 20203:58pm


h By P. R. D.
Apr 1, 2020 — 4:00pm
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

 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.  
h By MDS
Mar 16, 2020 — 5:46pm
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.  
h By P. R / I. P. G
Mar 16, 2020 — 9:00am

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. 

h By Modaes
Mar 16, 2020 — 7:15am
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.  
h By MDS
Mar 15, 2020 — 1:00pm
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.   
h By Mds
Mar 13, 2020 — 8:00pm

President of the Government, Pedro Sanchez, explains that the actions will extend for the next fifteen days.

h By MDS
Mar 13, 2020 — 5:33pm
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.  
h By C.J
Mar 13, 2020 — 9:00am

Italy has proceeded to closing all its retail stores, excluding supermarkets, fuel stations to fight the spreading of the pandemic.

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