31.10.2013 15:01:00

Moody's: Outlook for US apparel makers revised to positive

New York, October 31, 2013 -- The outlook for the US apparel industry has been changed to positive, Moody's Investors Service says in a new report, "Outlook Revised to Positive As Growth Looks Set to Accelerate." Top-line growth is expected to quicken over the next 12-18 months, with headwinds that affected discretionary spending in 2013 abating and gradual improvement in European sales.

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