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Year-end discounts start early
Slowdown prompts apparel retailers to advance sale periods to clear inventory. Hit by a sharp slowdown in sales, apparel brands and retailers are either extending their end-of-the-season sales or sometimes advancing it by weeks to clear their inventory and free up cash. While French menswear retailer Celio, which has a joint venture with Future group, is on a sale for almost one-and-a-half months till
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