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How China’s Currency Devaluation Will Really Impact Sourcing Costs

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.

China’s devaluation of its renminbi this week sent markets into a temporary tailspin, and though things have somewhat rebounded since, supply chains may still have a price to pay. Whether designed to offset the cost of President Trump’s promised 10 percent tariff hike set to further burden the apparel, footwear and textile sectors starting Sept….

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