Total U.S. apparel imports dropped in December, according to data released last week by the U.S. Census Bureau, resulting in the first annual decline in the category in the past four years. Apparel imports plunged by 7 percent in the month, to $6.6 billion on……...
Given the increased promotional climate, it is safe to say that official CPI data are, if anything, an understatement of the widespread price erosion within the apparel sector.
Job creation is up, but there's no telling how long that will last.
Retailers whose fortunes rest on apparel continued to suffer from the widespread shifts in consumer shopping preference during the just-ended holiday season.
Global synthetic fiber prices increased in November for the first time in more than three years.
U.S. apparel imports dropped in November, further evidence of the declining consumer demand that has retailers and brands curtailing their orders from overseas factories.
Store foot traffic and sales in the U.S. both fell significantly during the all-important Holiday 2016 selling season, according to analytics firm Retail Next.
Vietnam continued to gain share of U.S. apparel imports in November, as the Southeast Asian country remained on track for another record year of apparel shipments to the U.S.
Cotton prices are finishing 2016 significantly higher than at the end of 2015, but this upward trend might not last too long.
Inflation crept up again in November, driven by higher housing and gasoline costs, but apparel prices remained virtually flat, as consumers began to take advantage of what many retail analysts predict will go down as one of the most promotional Holiday selling seasons in recent history.Read More