US retail sales weather the storms in October
While US retailers have yet to weigh up the full impact of Hurricane Sandy, first figures show sales growth held up in October.
US retailers have yet to weigh up the full impact of Hurricane Sandy, which hit the US East coast earlier this week between the back-to-school spending rush and the all-important shopping fest that lies ahead.
US apparel giant Gap Inc has today (1 November) posted a 4% increase in comparable sales during October on the back of growth at its North American businesses.
The following is a general roundup of US apparel and shoe retailers' October 2012 sales results.
As Hurricane Sandy swept along the US East Coast earlier this week, US retailers were forced to close up to 10% of their stores, according to latest figures. As retailers begin to reopen stores again, analysts are now weighing up the long-term impact of the storm on apparel and footwear sales.
- When will Gap get back on track?
- Software solutions enhance speed and visibility
- Bangladesh factory safety progressing slowly
- Jason Denham raises the bar on denim innovation
- Portugal footwear makers underpin industry growth
- Q1 results in brief: Pacific Sunwear, Express
- China to reduce apparel import taxes
- Indonesian textile sector sees 6,000 lay-offs
- Cambodia garment factory strikes up 74%
- Vietnam garment staff return after faintings