Blog: Imports rise but promotions drive sales
Leonie Barrie | 9 September 2013
US textile and apparel imports continued to climb in July as retailers brought more merchandise into the country for the start of the back-to-school season, with double-digit gains seen by both Bangladesh and Vietnam.
According to official figures, total textile and apparel imports climbed 4.8% compared with a year earlier. Leading the way, China remained the largest textile and apparel supplier to the US in July, with shipments up 5.92%. India, in second place, saw gains of 5.4%.
One of the biggest winners in the month was Bangladesh, whose US imports jumped 16.6%, continuing to suggest the country's factory safety issues have so far had no negative impact on orders.
But figures also suggest the back-to-school selling period got off to a slow start in August, as US apparel retailers turned to aggressive promotional activity to try to drive sales. A shift towards spending on durables, vehicles and housing is also starting to raise concerns for the upcoming holidays, the biggest selling season of the year.
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