Promotional Holiday Puts Pressure on Apparel Prices

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.

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Retail Apparel Sales Slow in November

Apparel-oriented retailers continued in November to bear the scars of the share wars underway in the extremely promotional and hypercompetitive apparel retail market.

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Vietnam Gaining Share of Shrinking US Apparel Imports

Vietnam continued to gain share of U.S. apparel imports in October, putting the country on track for another record year in 2016. But Bangladesh and India have also made inroads, with all gaining at the expense of China.

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US Apparel Imports on Track for First Annual Drop in Seven Years

U.S. apparel imports continued to decline in October, furthering a months-long trend that doesn’t show signs of letting up and setting the stage for the first full-year drop in apparel imports since 2009.

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Consumers Spending More on Footwear, While Apparel Remains Sluggish

Apparel failed to benefit from the uptick in consumer spending that continued in October. According to recently released data from the U.S. Department of Commerce Bureau of Economic Analysis, personal consumption spending rose by almost 4 percent on a 12-month smoothed basis, which corrects for……...

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US Retail Holiday Hiring Fails to Materialize in November

The economy added 178,000 jobs in November, but the retail sector downsized, the latest indication that the industry is not benefitting from the economic recovery and that planned seasonal hiring for 2016 hasn’t actually materialized.

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Black Friday, Politics and Halloween Roiled Retail Sales in November

U.S. store foot traffic and sales both dropped in November, a month that included Halloween by the way the calendar fell, the presidential election and Black Friday. However, the month ended on a positive note as Thanksgiving week resulted in busier stores and ringing cash……...

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