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Currency Crisis in Emerging Markets Could Impact Sourcing Decisions

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Some emerging markets, including those integral to the global textile and apparel supply chain, are vulnerable to a monetary crisis that has seen currencies depreciate rapidly against the U.S. dollar in recent weeks, according to a new IHS Markit global market report. Citing its “External Vulnerability Index,” IHS Markit said emerging markets such as India, Indonesia, South Africa and Ukraine…

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