NORTH AMERICA–Following a week of new deals, partnerships and reveals at the fashion trade show MAGIC, FBR Capital Markets reports that while investors may believe the apparel world is “somewhat permanently scarred,” winning models from companies...
May retail sales (excluding automobiles, gas stations and restaurants) were essentially unchanged on a seasonally adjusted basis after a revised gain of 0.6 percent, according to the National Retail Federation.
NORTH AMERICA–More than 80 percent of Gen Z and 74 percent of Millennials state social media influences their shopping, according to a recent study by Yes Lifecycle Marketing.
While the apparel industry continues to experience consistent growth, the trend-driven footwear and fashion accessories industries are experiencing sales declines, keeping overall retail fashion sales even with results from the prior year...
NORTH AMERICA–Although more families started back-to-school shopping early this year, the average family has only completed 45 percent of their shopping as of early August, slightly down from last year, according to the National Retail Federation.
Video games and electronics make up 22 percent of sales of kids’ licensed products in the U.S., a number that is on par with the volume represented by toys, according to The NPD Group’s U.S. Kids’ License Report.