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Seven macro trends in the textiles and apparel industry
If there was a year when long-term textile and clothing market forecasters missed by a mile, 2008 was it. Forecasts made in 2007 were dominated by looming concerns about trade restrictions, investment in technology, a potential slow-down of production and a consolidation of business investment but no one predicted what devastating effects an unexpected recession would have on the textiles and apparel sector. The global recession has led to fundamental and widespread change in the economic landscape for the clothing and textile sector. This month, just-style assesses the recent key trends in the clothing and textile industry.
Clothing and footwear retail market in Russia 2009
In line with the global crisis, the weakening of the rouble together with a fall in the growth rate of average incomes will result in a sharp downturn in the retail sector in Russia in 2009. This report provides a comprehensive overview of the clothing, footwear and accessories market in Russia, including an insight into the luxury market segment.
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