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Apparel brands could lose 20 percent of value due to Covid-19

The apparel sector is one of the most heavily impacted by Covid-19, with fashion firms facing a potential 20 percent drop in brand value, new research reveals. According to business valuation consultancy Brand Finance, the brand value of the world’s 500 biggest companies could fall by up to 1 trillion US dollars, with the apparel sector one of...

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