Blog: Leonie BarrieMixed May for retailers

Leonie Barrie | 8 June 2007

After a dismal April for most US retailers things could only have got better in May…and they did. There was some polarisation in the sector though, with high end retailers continuing to perform exceptionally well and lower end firms hitting back at the pressure of high energy prices with a wider range of promotions.

The weather also had an important role to play, with warmer temperatures helping to boost sales. In contrast, April results were marred by unseasonal weather and a calendar shift that pulled Easter results into the prior month.

Retailers and analysts cautioned that the combination of March and April results would be more indicative of the general tenor of business conditions. They also pointed out that figures from May, the first month of retailers’ second quarter, would be the first month in which retail numbers wouldn’t be either inflated or deflated by calendar anomalies and, as the month developed, weather. 

Retailers' May 2007 sales roundup


Ethiopia unrest a sourcing risk?

Fashion retailer H&M and UK based glove and leather manufacturer Pittards both say they are monitoring the situation in Ethiopia closely after the country's government declared a state of emergency af...


Asia facing up to increased competition

Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...


Cambodia raises garment worker wages

The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...


Sportswear initiatives start to take shape

The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...

just-style homepage

Forgot your password?