Inventory LevelsDownstream inventory levels are still high but easing sequentially, with expectations of gradual restocking from the sportswear and casual wear categories.
Macroeconomic RisksKey risks include macroeconomic headwinds, high inventory levels amongst apparel brand owners, unfavorable currency fluctuations, raw materials cost fluctuation, and rise in trade tariffs between trading partners.
Trade TariffsMacroeconomic headwinds, unfavourable currency fluctuation, and higher trade tariffs from its trading partners are concerns.