News Snapshot:
Exporters enjoying US sales bonanza Spending behind apparel and footwear in the US exceeded pre-pandemic levels in every month of 2021, says a new study by online personal styling service Stitch Fix. And this translates as good fortunes for Bangladeshi exporters. The US apparel and footwear spending is expected to grow 30 per cent year-over-year, Stitch Fix said in its 2022 Style Forecast report on January 14. The pandemic greatly accelerated the shift toward online shopping. E-commerce grew to account for 36 per cent of total apparel and footwear sales in 2020, versus 26 per cent in 2019, it said....
