India’s $200 billion textile and apparel industry is dealing with a disaster as customers in the United States, Europe and other significant marketplaces have lower spending on clothing pursuing a surge in inflation right after the war in Ukraine, business officials claimed. Even though the overall economic system is fairly solid and […]
spending
‘Revenge spending’: demand for fashion defies cost of living crunch | Retail industry
As the price tag of residing disaster builds up United kingdom buyers are slashing their budgets in nearly all areas. But there is a notable exception – the revenue expended on apparel is above pre-pandemic ranges, the return of weddings, holidays and socialising fuelling a increase in “revenge spending” or […]