Hopes of recovery in clothing industry torn by new wave of lockdowns
08 February 2021 - 15:39
Lisbon/Dhaka — Clothing retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack.
The global apparel industry, reeling from a punishing 2020, is seeing its hopes of recovery punctured by a new wave of Covid-19 lockdowns and patchy national vaccine rollouts...
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