Persistent inflationary pressure and supply-chain challenges continue to remain a concern for several players in the Zacks Textile – Apparel industry. Escalated SG&A expenses are hurting many companies in the space. Nevertheless, efforts to enhance store and digital operations along with robust brand enhancement endeavors keep Lululemon Athletica Inc. LULU, […]
headwinds
Textile industry faces headwinds in 2023 after poor results in Q4
VIETNAM, February 7 – HÀ NỘI — The income of Vietnamese textile and garment enterprises were being diverse in the fourth quarter, with many large names publishing excellent losses. After becoming seriously impacted by the COVID-19 pandemic, textile and garment enterprises have progressively recovered and have been one of the […]