New Market Study, "Apparel in Romania", Has Been Published
During 2011, Romanian consumers struggled with weakening purchasing power and thus carefully managed their household budgets. However, in 2012 interest in apparel and fashion increased. The industry suffered from rising cotton prices - a development which increased production costs for clothing and footwear while high fuel prices and rising inflation are also putting upwards pressure on unit prices in all areas. Nevertheless, apparel performed better in 2012 than in 2011 and prospects are...
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