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.
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”.
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.
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.