Retail sales stayed strong in February, but department stores continued to suffer sales declines.Read more
Apparel prices turned in their second largest increase in nearly two and a half years.
U.S. apparel imports picked up in January, though cost of goods continued to trend downward, according to data released last weekRead More
In the last edition of this column we predicted that the new retail jobs created in late 2016 would likely not last based on early readings of fourth quarter store financials. Unfortunately, our predictions are coming true a little earlier than we thought.Read more
Cotton prices have increased by roughly 7.25% so far in 2017, according to data from the U.S. Department of Agriculture.
Consumer spending has been rising faster than incomes, according to the most recent U.S. Department of Commerce data, but apparel has not benefitted from the increase.
U.S. apparel imports decreased in 2016 as retailers tightened inventory levels and prices trended downward.Read more
According to Consumer Price Index data released Wednesday by the U.S. Department of Commerce, prices for all goods and services rose compared to the same month last year.Read More
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.