China Textile Fabric,Uniform Fabric,Cotton Fabric Supplier & Manufacturer & Factory Textile Fabric News Jordan’s clothing retail industry has come to a standstill due to various reasons

Jordan’s clothing retail industry has come to a standstill due to various reasons



“Jordan Times” reported on October 20 that a representative of the garment industry of the Jordan Chamber of Commerce stated that imports of winter clothing and footwea…

“Jordan Times” reported on October 20 that a representative of the garment industry of the Jordan Chamber of Commerce stated that imports of winter clothing and footwear this year dropped to JD 60 million, a year-on-year decrease of 14%, and a year-on-year decrease of 14%. A reduction of JD 10 million. There are various reasons for the decline in imports, including multiple blockades in Jordan, weakening consumer purchasing power, higher risk expectations, weather factors, etc.

Weekend sales account for 50% of total clothing sales in Jordan. Preparations for winter sales have begun in September, but currently 90% of goods are piled in warehouses. The clothing retail industry has come to a standstill and merchants have suffered serious losses. Immediate action should be taken to change this uncertain situation. In order to increase cash flow and cover employee wages, utility bills and costs, merchants are expected to offer discounted prices this sales season, leading to fierce competition.

At present, there are about 11,000 stores in Jordan’s clothing retail industry, accounting for 60% of the stores in major commercial centers, employing 5.5 workers, 93% of whom are Jordanians. The main clothing importing countries are China (accounting for more than 50%), Turkey, India, Bangladesh, Egypt, and European countries. </p

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Author: clsrich

 
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