The Styl Rt clothing manufacturer recorded a consolidated loss worth HUF173m (US$1=HUF 280) on consolidated sales worth HUF2.55m in the first half of this year, according to MTI Econews. In the same period last year, the company recorded a consolidated loss of HUF32m. Exports fell by 4.6 per cent year-on-year to HUF1.54bn, while sales on the Hungarian market fell by 12.7 per cent. Unconsolidated figures show that operating profits of HUF95m in the first half of last year fell to HUF21m in the first half of this year.
HUNGARY: Styl's First-Half Loss
Get full access to all content, just $1 for 30 days


just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 21 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Most Popular
Insights
- Why sustainability must drive fashion's reset
- Boohoo misses a trick with one model factory focus
- Being less bad is no longer good enough for HKRITA
- Garment workers' "severance theft" exceeds US$500m
- Field to Shelf – A stuck boat & other calamities
News
- Muji addresses Xinjiang cotton sourcing concerns
- Lockdown exemption relief for Bangladesh factories
- Uzbekistan joins EU’s GSP+ duty-free arrangement
- APAC to account for 40% of clothing market by 2024
- China's garment output up nearly 40% in Jan-Feb
Market research
- Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis
- China In-depth PESTLE Insights
- Global Sportswear Market to 2025 with COVID-19 Impact Analysis
- Levi Strauss & Co (LEVI) - Financial and Strategic SWOT Analysis Review
- Rental and Resale Trends in the Global Apparel Market
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
