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Emerging Markets Will Get ‘Hammered’ in Downturn Eclipsing Great Recession: IHS

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

The recession being caused by the COVID-19 pandemic is now forecast to be deeper than that of the Great Recession of 2008-2009, according to a new report from IHS Markit. Most economies won’t return to pre-pandemic levels of output for two to three years, Nariman Behravesh, chief economist at IHS Markit, and Elisabeth Waelbroeck-Rocha, chief international…

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