Apparel spending linked to Father’s Day in the US this weekend is poised to hit US$1.7bn this year, up more than 20% on last year.

The figures are revealed in the annual National Retail Federation (NRF) Father’s Day spending survey, carried out by Biginsight, which also found that the average person will spend $117.14 this year, up 10% on 2011.

With total spending likely to hit $12.7bn, the holiday is now closing the gap on its nearest competitor, Mother’s Day, which has an average spend of $152.

Department stores are the most favoured retail location, with 41.6% of consumers saying they will buy gifts there, well above discount stores (34%) and speciality clothing stores (10.7%).

Meanwhile, nearly three in 10 (28.4%) are to do their shopping online, up from 22.1% last year.