Clothing Factories news and trends

Apparel Producers Prep for Shrinking Sales as Consumers Cut Back

June 19, 2023
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Apparel Producers Prep for Shrinking Sales as Consumers Cut Back

June 19, 2023
Clothing brands are reportedly cutting back on orders in anticipation of weakening sales. As Bloomberg News reported Friday (June 16), factory owners say they’ve seen significant declines in retailers’ holiday orders, with at least one company that works with major brands expecting a plunge in demand. “You can really see the anxiety in the apparel […]