currency depreciation
Puma Says it Expects Geopolitical, Macroeconomic Issues to Persist in 2024
The brand's 2023 results were impacted in part by the devaluation of the Argentine Peso.
Turkish Industry Reacts to Erdogan Hat Trick
Turkey's business leaders are concerned about what lies ahead for a nation still recovering from devastating…
Apparel and Retail Stocks Recover After Market’s Dive, but More Volatility on Horizon
Continued volatility seems certain, with a 10 percent tariff on apparel looming on Sept. 1, promising to…
Currency Crisis in Emerging Markets Could Impact Sourcing Decisions
Countries like India, Indonesia and Turkey, integral to the global textile and apparel supply chain, are…
Rupee Depreciation Weighs on India’s Textile Sector
India's rupee depreciation could prove both a benefit and a setback for the country's textile and apparel…
36,000 Textiles and Apparel Jobs at Risk in Indonesia
Roughly 36,000 textile and garment workers in Indonesia could lose their jobs as weak sales threaten more…
India’s Roller Coaster Rupee Threatens Long-term Prospects
India’s rupee experienced a tumultuous year, slumping to an all-time low last August at 68.85. And it…
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