Newsletter: The steady growth of global clothing consumption will still face multiple challenges

Newsletter: The steady growth of global clothing consumption will still face multiple challenges

The latest official data shows that although inflation in many countries around the world is still at a high level from September to October, under the influence of factors such as rising prices, the retail markets of some developed economies have grown against the trend, and the retail sales of apparel and apparel products have shown a slight recovery. However, under the background of the global economic downturn and weak market demand, the inventory of various clothing brands is still high, and the situation of new orders in the next 3-6 months is not optimistic. It is still unknown whether global clothing retail sales can maintain a recovery trend, and the steady growth of global clothing consumption will still face multiple challenges.