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Global clothing and footwear trade to drop by 1.5%

2015-11-20 13:31:00| Daily apparel & textile news and comment - from just-style.com

Global expenditure on clothing and footwear is expected to decline by 1.5% in US dollar terms in 2015 to its lowest level since 2011, according to a new report, with the decline largely due to depreciations of the currencies in a number of major supplying countries.

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