Weak demand and slimmer retail margins eat into airfreight spend
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and ...
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By Alex Lennane
Following the news that fast fashion retailer H&M wants to increasing sourcing from Bangladesh, where 25% of it clothes are made, comes reports that Indian retailers are set to do the same. India allows duty-free imports of Bangladeshi textiles, while 37 other countries, including EU member states, also don’t impose taxes on them.
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