US: Apparel pricing down for sixth month running
Apparel pricing in the US declined for the sixth successive month in February, according to the latest figures.
The Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% overall on a seasonally adjusted basis in February, the US Bureau of Labor Statistics said, and has risen 1.1% over the past year without seasonal adjustment.
The index for all items less food and energy was also up 0.1%, but the index for apparel was down 0.3%, mirroring the decline reported in January.
February’s apparel decline was the sixth in a row, with apparel pricing falling 0.6% over the past year before seasonal adjustment.
- How apparel retailers should react to Brexit
- Britain votes for Brexit – what happens next?
- US fashion firms share their sourcing strategies
- Retailers warned of high volatility in Brexit wake
- Brexit uncertainty over pending EU trade deals
- Online fabric platform to "revolutionise" buying
- Uniqlo said to be scaling back US expansion
- Better Work Vietnam launches labour law mobile app
- UK must act with urgency to cut Brexit uncertainty
- Under Armour opens manufacturing innovation hub
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Primark Stores Limited: Retailing - Company Profile & SWOT Analysis
- Clothing & Footwear Retailing in Indonesia– Market Summary & Forecasts
- Clothing & Footwear Retailing in Denmark
- Clothing & Footwear Retailing in China – Market Summary & Forecasts