USA, "Our sector" (consumption, clothing, etc...) worsens
The stock market is collapsing, inflation is rampant and scarcity is affecting supply chains, against the backdrop of Covid and the war in Ukraine. It is a terrible self-perpetuating cycle. The question for the apparel and footwear industry is: Will consumers continue to buy? Robert P. Antoshak's answer in this article (Staring at an Economic Precipice? Just Wait, It Gets Worse) in the Sourcing Journal is that for a while they will, but not for long.
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