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Textile Industry Orders Down 42 Percent in 2020: ITMF Survey

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Amid widespread economic disruption, textile manufacturers are taking a big hit to business. The International Textile Manufacturers Federation (ITMF), in its fourth coronavirus business impact survey among its members and affiliated companies and associations about the pandemic’s effects on the textile value chain, found orders down 42 percent globally this year compared to 2019. On…

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