COVID 19 has significantly impacted the global textile and apparel supply chains because of the industry’s huge dependence on China as a manufacturing base. Though, for other manufacturing countries like Bangladesh, Viet Nam, Turkey and India, the opportunities are huge, yet the tapping potential remains limited. Brands & Retailers are bearing losses owing to store closures and limited consumer buying amidst quarantine measures. Overall, the current outlook is pessimistic considering the first q
By Fibre2Fashion