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Discounts within a pricing architecture are frequently deployed when a brand wants to move inventory quickly, which is often the case when faced with bursting warehouses, increasing storage fees and a looming recession.
According to the Pulse of the Fashion Industry report by Global Fashion Agenda & Boston Consulting Group, global apparel production is projected to rise by 63 per cent by 2030, from 62 million tonnes today to 102 million tonnes – equivalent to more than 500 billion additional T-shirts. The retailer doesn’t sit on stock,” added Dean.
Penney representative stated: JCPenneys core customer cannot afford to pay an additional 25% tax on apparel, footwear and household goods Increasing taxes on hundreds of basic clothing items and home goods will hurt all moms who dont have inexhaustible disposable income. Trade Representative to oppose these tariffs. Yes, its possible.
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