200 mln dinars estimated losses of clothing sector in Jordan due to pandemic, says industry body
Published 15 Apr,2021 via The Jordan Times AMMAN — The clothing sector recorded JD200 million ($282 mln) in losses, as nearly 700 establishments in the clothing and textile sector were closed and 1,600 workers were laid off, according to Jordan’s Textile and Readymade Clothes Syndicate President Munir Deyyeh.
As a result of the COVID crisis and its consequences such as curfews, lockdowns (especially those on Friday), and the general slowdown in the economy, the clothing sector suffered significant losses, Deyyeh told The Jordan Times on Wednesday.
“The losses were spread on many fronts, including high overhead costs for paying shop rentals, employee wages, social security costs, the price of goods and significant drop in sales,” Deyyeh explained.
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The Jordan Times