US fashion firms struggle amidst trade wars

US fashion firms struggle amidst trade wars

Aug 05, 2020

480 Views

0 comments

Retail is without a doubt one of the worst-hit industries in the US economy, and fashion is a major extension of this considering the volume of sales attributed to this distribution channel. Clothing retail sales in the US contracted by over 40 per cent in the first five months of 2020. This industry was already lagging behind, and the pandemic has only made things worse. However, jobs lost were being added, especially seasonal jobs, and according to a recent survey, 57 per cent of retail workers stated their optimism for the industry to pick up. Read the details here

Previous days news

Comments

    Article
    Don’t Fall Prey to These Job Scams

    When people are looking frantically for employment, scammers get a chance to exploit their weakness ...

    Top paying Careers in 2021

    The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...

    This Thanksgiving - Give Thanks To All These People

    This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...

    Here Is How to Answer These 5 Tricky HR Questions

    During an interview, you’re not only asked questions according to your credibility and qualificatio ...

    Show more news