UK s slow economic recovery is impacting retail spending due to high interest rates and a challenging global landscape.
Consumer expenditure is shifting towards essentials, affecting retail profitability
ICE cotton prices showed mixed results in trading sessions, with July 2024 contracts declining slightly while December 2024 and future contracts saw gains.
Concerns about global demand and economic uncertainty
In FY23, 7 fashion companies reported mixed results.
Duluth Holdings and Nordstrom were among the weaker performers, with Duluth experiencing a net sales decline and Nordstrom reporting only a slight
Over the past five years, Vietnam has significantly increased its share in the US apparel import market, becoming the second-largest supplier after China.
In January 2024, Vietnam s share reached 19.26
Flax yarn prices hit a low of $14.59 per kg in Turkiye and a high of $18.42 per kg in India in February 2024.
Prices fluctuated in various markets, with notable increases and decreases over the months.