December 2009 management briefing
A year of struggle would be the best way to sum up 2009 as far as the global clothing and textile industry is concerned. The depth and severity of the worldwide recession left many clothing and textile companies reeling, even impacting upon China, which had previously been dominating global markets. However by the end of the year, the recovery had kicked in, especially in the key Asian emerging markets and saw established brands looking to strengthen their position in these new economic powerhou
BRIEFING: just-style’s review of the apparel industry in 2009
1 December 2009
A year of struggle would be the best way to sum up 2009 as far as the global clothing and textile industry is concerned. The depth and severity of the worldwide recession left many clothing and textile companies reeling, even impacting upon China, which had previously been dominating global markets. However by the end of the year, the recovery had kicked in, especially in the key Asian emerging markets and saw established brands looking to strengthen their position in these new economic powerhouses. just-style here gives a review of a tough year when many clothing and textile companies peered into the abyss and, sadly, some fell in.
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