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Why the Economic Recovery Looks More Like an L Than a V

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

The global coronavirus pandemic is lasting longer than many economists had predicted, and with multiple-wave clusters in Asia and continued first wave increases in the U.S., the chances of economic gains stalling is increasing. And the trend will have the global economic recovery resembling an “L” shape—meaning it will be slow with persistent unemployment and…

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