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).
- Enthusiasm for tech in outdoor apparel on rise
- Expensive US dollar hitting H&M sourcing costs
- 2015: Welcome to the new fashion consumer
- New American Apparel CEO sees solid platform
- Outlook 2015: What's happening with sourcing?
- EU exploring responsible garment supply chains
- Kanati pulls production out of Pakistan
- Gap to close Piperlime division
- Hanesbrands invests $1.5m in US hosiery plant
- US takes final step to WTO TFA implementation
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Outdoor performance apparel: peaks, valleys, and green fields
- Apparel Retail: Top 5 Emerging Markets Industry Guide
- Li & Fung Limited (494) - Financial and Strategic SWOT Analysis Review
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead