By  on May 19, 2009

PARIS — France’s textile industry is feeling the pressure of the economic downturn, with a number of fabric mills and apparel subcontractors hit with shrinking orders, lowered margins and depleted balance sheets.

Experts predict the industry could stand to lose up to 15 percent of its skilled workforce this year due to layoffs, with many firms implementing partial short-time working.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus