WATCH: Why the textile industry is under pressure
House of Monatic MD Aldo Agnello talks to Business Day TV about the textile industry
Retail sales growth outpaced analyst expectations in May, coming in at 2.2% year-on-year versus 1.7%.
On a month-on-month basis, sales are up a tepid 0.1% while quarter-on-quarter sales grew 1.7%, with general dealers and retailers in textiles leading the gains. ..