Mexican Industry Sales Plunge 70 Percent Due to Pandemic

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Mexican Industry Sales Plunge 70 Percent Due to Pandemic
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Mexico’s apparel industry reported that sales dropped 70 percent.

MEXICO CITY — Mexico’s apparel industry reported that sales dropped 70 percent as the coronavirus continues to spread in Latin America’s second-largest economy.

Mexico’s textile- and apparel-makers, as well as large retailers and department stores such as Liverpool and El Palacio de Hierro, are suffering as the country forces lockdowns to stem the virus.

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