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BRIEF-Moody's says U.S. apparel and footwear companies remain challenged

March 7 Moody's Investors Service:

* Moody's - US apparel and footwear companies remain challenged by strong dollar, weak retail traffic

* Moody's -U.S. Apparel, footwear industry operating profits poised to improve over next 12-18 months, but growth to be more sluggish than anticipated

* Moody's - US apparel and footwear companies also continue to face higher costs for labor, as well as for inputs such as cotton

* Moody's says it now forecasts U.S. Apparel and footwear industry operating profit growth to come in at 3%-5% this year, rather than 5%-7%

* Moody's- conditions for U.S. Apparel, footwear companies will remain challenging in first 6 months of this year, will begin to improve in second half Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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