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Industry Focus: Finance - Financial Experts Weigh In on the Economy and Next Steps

Industry Focus: Finance

For this edition of our recurring Industry Focus: Finance feature, we asked leading figures who cater to the apparel industry a simple question:

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Industry Focus: Finance—As the world navigates through the COVID-19 pandemic’s new variants, what advice would you offer to apparel professionals?

Industry Focus: Finance

While a new year has begun, many challenges that were experienced during 2021 remain. The COVID-19 pandemic continues to impact the world as new variants of the virus develop.

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Industry Focus: Finance—As we head into the holiday season, what types of investments should apparel companies be making to fortify their businesses and ensure success for 2022?

Finance

As 2021 winds down, the apparel segment has been enjoying an uptick in business from different corners of the industry. The last few months have seen some of the largest trade shows in the industry return to on-site events. With consumers shopping and willing to spend, retailers are enjoying the benefits of the apparel investments their customers are making as they return to offices, college campuses, in-school classes and semi-normal life.

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Industry Focus: Finance

Industry Focus: Finance

As consumers shop in the midst of back-to-school season, how should apparel-industry professionals guarantee a strong finish as they head into fall?

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Industry Focus: Finance--Where Should Fashion Businesses Focus for Smart Economic Recovery?

Industry Focus: Finance

With the world turning over a new, progressive leaf following the COVID-19 pandemic, optimism seems to be on the trend calendar for 2021. As vaccines are distributed to more people, extreme measures of caution are beginning to dissipate as the general public exhibits an increased feeling of safety.

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Industry Focus: Finance—How Can Factoring Services Aid Apparel-Business Recovery?

Finance

Entering 2021, the apparel industry can see a bit of hope as businesses look toward maintenance and recovery from a tumultuous year. As apparel businesses examine their next steps while outlining new financial plans, they often look for guidance from experts.

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Industry Focus: Finance--How the Apparel Industry Can Hold On for the Holidays

Finance

As business restrictions stemming from COVID-19 continue to ease across the United States and unemployment has fallen into the single digits at 8.4 percent, yet employment remains at 11.5 million jobs below February’s figures, and the gross domestic product in the country also decreased at an annual rate of 31.7 percent during the second quarter.

Industry Focus: Finance: Entering 2020: A New Year for New Plans in the Apparel Industry

Finance

Following a great deal of uncertainty as the apparel industry approached the fourth quarter of 2019, businesses entered 2020 with cautious optimism. While the warnings of a recession had turned around, with forecasters revising their predictions for the new year and progress with trade deals including the finalization of the United States–Mexico–Canada Agreement, in addition to advancement toward an agreement with China, additional concerns remained.

Industry Focus: Finance—How would you advise your apparel-industry clients to prepare for a potential recession?

Finance

Around the globe, trusted economic forecasters are predicting a slowdown over the next year, yet there is disparity regarding whether they feel a recession will occur. As previous spans of negative economic growth have shown, the most effective method of navigating through recessionary periods is to prepare in advance, expecting the worst while hoping for the best.

How are brands investing in crucial digital tools and traditional methods to reach customers?

Finance

During the struggle to secure a dwindling sense of brand loyalty among Millennial and Generation Z consumers, brands must devise a comprehensive strategy to tell their stories.

How Apparel Companies Can Deal With a Slowing Economy

Finance

The formula for doing business is slowly changing this year. While interest rates were rising at a steady pace last year, it’s a different story this year. The Federal Reserve hasn’t raised benchmark interest rates in 2019 and may even lower them, which is good news for apparel manufacturers and retailers.

How to Tackle the China Trade-War Challenges

Finance

In the past year, it has become increasingly more challenging to be an apparel manufacturer, importer or retailer in the United States as uncertainty surrounds trade with China.

How Healthy Is the Retail Industry and What Lies Ahead?

Finance

We asked finance experts and factors to give us their take on the retail industry and how it is shaping up this year.

The Tariff Scare Keeps Apparel and Textile Companies Hopping

Import/Export

President Trump launched a trade war in March by imposing a 10 percent tariff on aluminum and a 25 percent tariff on steel coming from countries around the world.

What’s in Store for the Factoring Business With Fewer Stores on the Retail Landscape?

Finance

The retail boneyard is piled high with store doors that closed last year, and many more may be on the way.

How the Factoring Industry Has Adapted to a Changing Retail World

Finance

As the retail industry has changed into a split personality of online and offline shopping, so too has the factoring industry that finances manufacturers’ production and sales to clients.

How Are Finance People Handling the Weak Retail Market and Have They Adjusted Their Financing Rules for Clothing Manufacturers?

Finance

As retailers start shrinking their footprints around the country, apparel manufacturers are wondering how to cope with this constricting retail landscape.

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