LEATHER APPAREL AND ACCESSORIES SECTOR TO SHRINK 7-8%
Business Of Fashion|February 2023
Owing to slowdown in consumer demand in Europe and the United States, revenue of the Indian leather apparel and accessories sector is set to decline 7-8% in fiscal 2024, says CRISIL Ratings.
LEATHER APPAREL AND ACCESSORIES SECTOR TO SHRINK 7-8%

Despite benefits. from a depreciating rupee, revenue of the Indian leather apparel and accessories, comprising bags, belts, and harnesses, sector is set to decline 7-8% in fiscal 2024 because of a slowdown in consumer demand in Europe and the United States. India's $2.25 billion Indian leather apparel and accessories industry exports as much as 85-90% of its production. Europe and North America account for -75% of this.

この蚘事は Business Of Fashion の February 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Business Of Fashion の February 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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