Blog: Leonie BarrieUS shoppers defy gloom…for now

Leonie Barrie | 14 February 2008

No doubt there will be some raised eyebrows at the latest data from the US Census Bureau, which shows US retail sales defied predictions in January to rise by 0.3%. Analysts were apparently expecting a 0.3% decline instead.

Perhaps most surprising of all was the 1.4% jump in clothing sales – particularly following reports from the nation's big retailers last week that January had been a dismal month with a slowdown hitting all sectors from teen retailers to mall-based apparel chains, discounters and even those targeting more affluent shoppers.

But while yesterday’s figures might have eased some concerns about consumers' willingness to spend, the increase is being seen as a temporary blip rather than a sustained recovery.

Consumer spending is still decelerating dramatically, with rising food and energy costs, job losses and turbulent financial markets still expected to push the economy into recession in the first half of this year.


BLOG

Likely shifts in the sourcing landscape in 2017

Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...

BLOG

Trump trade policies and China tensions top concerns

This week our focus turns to first thoughts from a panel of industry experts consulted by just-style on the challenges and opportunities likely to face the apparel supply chain in 2017, with prospects...

BLOG

Happy New Year – and a first look at 2017

Welcome back after the holiday break, and from the team here at just-style I’d like to wish all our readers a happy and prosperous New Year....

BLOG

New re:source to help unravel sourcing decisions

Apparel sourcing is a complex process built on a mix of location, logistics, lead-time, price, compliance, risk and reliability. And it's in a constant state of flux as retailers, brands and manufactu...

just-style homepage



Forgot your password?