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30.04.2015 15:00:00
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Moody's: US apparel and footwear industry outlook remains positive
New York, April 30, 2015 -- The outlook for the US apparel and footwear industry remains positive, Moody's Investors Service says in a new report. Over the next 12 to 18 months, apparel makers will continue to benefit from lower input costs and the expansion of their direct-to-consumer businesses. And for the most part the stronger US dollar won't affect constant-currency income growth this year, though if foreign-exchange rates remain near current levels, it will significantly pressure earnings in 2016.
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