10 Best Fashion and Apparel Stock to Invest In
The dynamic world of fashion was introduced around the 19
th century when Charles Frederick Worth sewn labels into the garments he created. It was long before that when fashion standards were derived solely by the styles worn by royalty. In a definition by Value Line “The Apparel Industry consists of companies that design and sell clothing, footwear, and accessories. Product categories include everything from basics, such as underwear, to luxury items, for example, cashmere sweaters and alligator-skin handbags. Traditionally, apparel companies were wholesalers, selling large quantities of goods to retailers, which then marked-up items and sold them to consumers at a profit. However, it’s become more difficult to draw a line between wholesalers and retailers; most apparel companies now have both types of operations.“ In an article, we shared the 10 Most Expensive Fashion Brands In the World.
6th ITMF Corona-Survey shows improved turnover expectations
The International Textiles Manufacturers Federation (ITMF) has conducted its 6th ITMF Corona-Survey on the impact the coronavirus pandemic has on the global textile value chain.
21st December 2020
Between November 20 and December 14, 2020, the International Textiles Manufacturers Federation (ITMF) has conducted its 6th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain. In total, 159 companies from around the world participated. In comparison to the 5th ITMF Corona-Survey (September 5th – 25th, 2020), the turnover expectations have improved in the 6th survey by 4 percentage points from -16% to now -12% compared to 2019 (Graph 1).
Uganda: Cotton Exports Recover From Months of Slump allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Daily Monitor
Thursday December 10 2020
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Cotton exports in both value and volume recovered from a slump, surging in the period ended October, according to data from Bank of Uganda.
Bank of Uganda data indicate that cotton earnings, which is one of Uganda’s traditional exports, in October surged to $5.9m (Shs21.8b) recovering from a slump of $0.13m (Shs481m) in May, the worst performance since October 2016 when the country fetched only $0.12m (Shs444m).
During the period, the report indicates, Uganda exported 25,289 bales up from 519 bales in May.
Ms Damalie Lubwama, the Cotton Development Authority principal monitoring and information manager, told Daily Monitor, cotton demand was low during March, April and May, noting the cotton calendar tends to be more active towards the end of the year.