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© Frantic00

The inventory levels of major retailers could see the airfreight peak towards the third quarter be a little “muted”, but consistently busy for the coming months.

US retailers reporting first quarter financial results noted that their inventory levels were down – and that they had been forced to significantly increase costs by using airfreight.

Sportswear company Lululemon saw its inventory costs in the first quarter up 75%, largely due to airfreight and growth, alongside delays in the supply chain.

Chief executive Calvin McDonald ...

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