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(Bloomberg) Lululemon Athletica Inc., Abercrombie & Fitch Co. and American Eagle Outfitters Inc. raised their sales outlooks on Monday on the back of a strong holiday quarter, bucking fears of consumer weakness amid stubbornly high inflation and elevated interest rates. Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingChina Says It Caught Foreign Consultant Spying for UK’s MI6The upgrades come after ....
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“That mature ecosystem, established over decades in China, not only ensures competitive price points, but also delivers stable quality at mass production that’s hard to copy,” Laura Magill, the global head of sustainability at footwear brand Bata Group, said. “I can’t think of another place that can do the quality, the quantity and the price as well as China.” ....
“That mature ecosystem, established over decades in China, not only ensures competitive price points, but also delivers stable quality at mass production that’s hard to copy,” Laura Magill, the global head of sustainability at footwear brand Bata Group, said. “I can’t think of another place that can do the quality, the quantity and the price as well as China.” ....