Demand Slump News Today

Apparel retailers are facing challenges with unsold inventory, resulting in write-offs and impacting margins. They are reducing sourcing periods to mitigate the risk of obsolescence and adjusting their ordering strategies. The industry was unprepared for the sudden demand slump after the festive season in 2022, leading to stockpile. Retailers are now planning for shorter periods and buying closer to the season. Despite extended discounting, retail sales growth has been negative for like-for-like...

Apparel retailers are facing challenges with unsold inventory, resulting in write-offs and impacting margins. They are reducing sourcing periods to mitigate the risk of obsolescence and adjusting their ordering strategies. The industry was unprepared for the sudden demand slump after the festive season in 2022, leading to stockpile. Retailers are now planning for shorter periods and buying closer to the season. Despite extended discounting, retail sales growth has been negative for like-for-like...

Ahmedabad: After peaking in 2022 due to high energy costs, the prices of soda ash have fallen by about 18% since January this year.

Arvind Fashions: The Bengaluru-based companys consolidated net loss widened to 164.3 million rupees ($1.98 million) for the three-month period ended June 30, from a loss of 5.1 million rupees a year earlier.

strike. thousands of public employees say theyll walk off their jobs this week as parliament prepares to vote on yet another round of austerity measures. wrnss in yemens capital say government troops killed at least five people when they opened fire on pro democracy demonstrators. sundays violence left eight dead and more than 50 wounded. the surge in violence is blamed on al qaeda and the muslim brotherhood. a revolutionary forces commander was killed in sirte in the front line on...

from getting dragged down bit euro zone debt crisis and many italians are unhappy with his leadership. the brute force of floodwaters is wreaking havoc around southeast asia. it is worse around thailand. the cresting river is expected to pass through the city at weekend. nationwide, 283 people have been killed by heavy rain and flood. occupy wall street protesters may be headed for another confrontation with police. new york mayor michael bloomberg says protesters must leave the pa...