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Apparel: Thermal demand slumps 30%, makers slash production by up to 50%, ET Retail

Apparel: Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last year’s stock, and manufacturers do not expect the prevailing cold conditions in most of north India to lead to a revival in demand for knitwear.

Thermal demand slumps 30%, makers slash production by up to 50%

Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last years stock, and manufacturers do not expect the prevailing cold conditions in most of north India to lead to a revival in demand for knitwear.

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