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Retail Sales

IPOs, SPACs, Bankruptcies and More: What’s Happening and Ahead on Fashion’s Financial Front

Moving from uncertainty to recovery, global real GDP could rise 6 percent in 2021, fueling retail sales…

Will Economy Strengthen or Sputter? What Industry Experts Are Saying

Economic experts weigh in on what lies ahead on the spending and lending fronts.

Consumer Confidence, Travel Surge Could Boost July 4 Holiday Business: Week Ahead

After a year staying close to home, Americans are traveling again and money in their pockets should be a boon…

May Retail Sales Rose in Europe and Asia, But Growth Seems to be Slowing

While retail sales have been up, in some countries they are starting to slow and possibly are settling into a…

Australian Wool Sees Transatlantic Retail Rebound Ahead

AWI CEO Stuart McCullough said there's growing optimism from retailers in the U.K. and U.S. that vaccinations…

Data Paints Mixed Picture of Britain’s Retail Recovery

Two weeks after reopening, British retail faces an uphill recovery battle.

Why Is Loft Getting Rid of its Plus-Size Line? The Numbers Tell the Story

The Sycamore-owned label admitted last month that it's pulling the plug on its line of plus-sized apparel…

Retail Expert Sees Apparel Emerging From 2 Years in the ‘Doldrums’

In February, fashion stores lost out as overall retail sales were worse than economists projected, but there…

Curtailed by Covid, November Clothing and Footwear Spending Fell 4.9%

The Bureau of Economic Analysis said the November personal income and outlays was impacted by the response to…

Retail Sales Bouncing Back, But Fashion Still on the Decline

Overall retail sales have been resilient in the face of the pandemic and subsequent lockdowns but fashion and…

Consumer Behavior is Changing; Here’s How to Pivot Your Marketing

As quarantined consumers shift their shopping online, apparel retailer must pursue new marketing tactics to…

Forrester Projects $2.1 Trillion in 2020 Retail Losses

Rebounding from the pandemic will take four years, according to the analyst and advisory firm.

Coronavirus Pummeled the Economy in Q1

Much of the first quarter's 4.8 percent GDP decline stems from government-issued "stay-at-home" orders…

Burberry Commits to Keeping UK Staff Paid as Retail Sales Plummet Nationwide

Burberry declines government handout for job support and will to continue base salary pay even as March U.K…

Fashion Brands Could Lose $1 Trillion in Brand Value Over COVID-19

The world's 500 biggest companies could lose an estimated $1 trillion in brand value, and apparel retail…