Sales at U.S. clothing and accessories stores bucked the overall trend in August, as Americans snatched up the last of the summer’s bargains on apparel.
The U.S. Census Bureau’s advance monthly report, released Thursday, indicated that retail and food service sales were $456.3 billion last month, a 0.3% decline from July—which was also down from June—but 1.9% above August 2015. Retail trade sales were down 0.5% from the previous month and up 1.4% year-over-year, with 8 out of 13 categories showing negative growth.
Clothing and accessories sales picked up, rising 0.7% to $21.3 million compared to July’s $21.17 million, but this was a 0.3% decrease from a year earlier. Sales at sporting goods stores had the opposite experience: falling 1.4% from $7.85 million to $7.7 million, but improving 1.1% year-over-year. Meanwhile, department stores’ struggles continued in August, with sales declining 0.6%, though not as bad as last year’s 5 percent drop.
Somewhat surprisingly, sales at non-store retailers (including e-commerce) decreased 0.3% last month to $46.7 million, after gaining in July and June, but e-tailers needn’t worried about this month-to-month change—it’s still 10.9% better than August 2015.
Pantone is going back to the great outdoors for inspiration and turning to Muse for its Spring/Summer’18 color forecast.Read more
In a letter to Bangladesh Prime Minister Sheikh Hasina Wazed, the American Apparel & Footwear Association (AAFA) addressed ongoing wage concerns, labor leader arrests and worker terminations.Read more
Clemson University is receiving major financial assistance for future textile innovation.Read more
The race to the bottom for apparel prices has resulted in a myriad of unintended consequences for garment workers around the globe. And they’re not contained to developing nations.Read more
Whether it’s athleisure, the rising trend in comfort clothing or technology for smarter outerwear, customers are after fabrics with function.Read more
Often politicians are accused of making empty promises in order to get elected. President Donald Trump has proven to be anything but a typical politician, however.Read more