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After Tough 2020, Apparel Retail Faces ‘Positive’ Outlook

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Fashion retail has some good news as the nation lurches toward reopening. Moody’s Investors Service on Thursday changed its outlook for the retail and apparel sectors to “positive” from “stable,” noting that it expects fundamental business conditions to improve over the next 12 to 18 months. “As pandemic pressures ease and the cadence of vaccinations…

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