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As fashion businesses and consumers wait to see how the United States’ central bank navigates 2024, California Apparel News asked industry leaders: When thinking about the potential for the Federal Reserve to cut rates in 2024, thereby moving inflation closer to the agency’s 2 percent goal, what does this mean for the fashion industry?
Inside info on the Fashion Apparel Industry from California Apparel News
Lenders are bracing for more companies to fall behind on their loan payments. That could create more opportunities for banks to dispose of these nonperforming credits through an Article 9 sale.
With lackluster holiday 2022 sales signaling a slowdown in consumer spending on goods, what new challenges can the apparel industry expect, and how can businesses in this sector navigate the resulting economic hurdles?
For this edition of our recurring Industry Focus: Finance feature, we asked leading figures who cater to the apparel industry a simple question: