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Textile Makers Saw 9% Sales Decline in 2020, but Outlook Brightens

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The seventh International Textile Manufacturers Federation (ITMF) Coronavirus Impact Survey revealed that global textile sales dropped 9 percent in 2020 compared to 2019, making it one of the worst years in history for the global textile and apparel industry. However, companies see light at the end of the pandemic tunnel. Conducted between Jan. 25 and…

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