EXPERTS OF COLLECTION PREMIÈRE MOSCOW FAIR PREDICT TOUGH TIMES TO RUSSIAN TEXTILE INDUSTRY IN 2015
March 9th, 2015
A senior Russia textile industry analyst has claimed that the country’s textile market will face a significant decline this year, due to Russia’s ongoing economic crisis and the devaluation of national currency. With western sanctions and oil and gas prices still low, the industry’s prospects are gloomy, according to Anna Lebsak-Kleimans, CEO of the Fashion Consulting Group, one of Russia’s leading advisory agencies for the textile and fashion sector.She was speaking during the recent Collection Première Moscow (CPM), the largest fashion textile fair in ...
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