Apparel and Footwear in the US - New Study Released
Growth apparel and footwear in 2013 outpaced the review period average, but consumers continued to spend cautiously and shop around. Volume growth outpaced value growth, and 2013 was certainly a buyers' market. Consumers remained patient, and took advantage of a consistent sales environment, especially over the holiday season. Many consumers maintained a recessionary mindset, and both bargain shopping outlets and fast-fashion retailers benefited from consumers' desire for new products without...
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