Headwinds likely to impact holiday sales
Although holiday sales of apparel and footwear are expected to rise this year, analysts believe consumers will be keeping an eye on how much they spend as headwinds such as political uncertainties and economic concerns are likely to come first.
US retailers preparing for the upcoming holiday season - the biggest shopping period of the year - are likely to be hit by headwinds including the presidential election and concerns surrounding the economy. But consumer confidence seems to be picking up and forecasts suggest spending will rise, as Katie Smith reports.
Import cargo volumes at major retail container ports in the US are expected to increase by 9.9% in October as retailers stock up for Christmas, according to the National Retail Federation (NRF).
Most consumers are set to take a conservative approach to their gift-giving this Christmas in the US, according to a survey from the National Retail Federation (NRF).
US retail sales are expected to increase 4.1% this holiday season but will be tempered by political and fiscal uncertainties, according to the National Retail Federation (NRF).
- Low labour cost countries linked to highest risks
- Why should brands care about China cotton?
- China cotton: implications and opportunities
- COMMENT: Skills or new technology?
- UK reshoring hub hit by sweatshop claims
- South Africa to grow grass for recyclable textiles
- 30% of Adidas cotton from sustainable sources
- Activewear driving US apparel spend
- Benetton to embark on living wage roadmap
- Sri Lanka and Bangladesh FTA talks underway
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Outdoor performance apparel: peaks, valleys, and green fields
- Global market review of swimwear - forecasts to 2019
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead
- Apparel Retail: Top 5 Emerging Markets Industry Guide