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Fashion revenues likely to contract 27-30% in 2020

2020-05-07 18:18:00| Daily apparel & textile news and comment - from just-style.com

Revenues for the global fashion industry can be expected to contract by 27-30% in 2020 and businesses must start gearing up for trading in an entirely different environment compared to the one pre-Covid, according to a new report from global consulting firm McKinsey & Company.

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