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Retail Rap: Is the Apparel Industry Dressing Down?

2015-04-07 17:37:58| Apparel - Topix.net

In a column I wrote between Black Friday and Christmas last year, I talked about how "apparel sales have been languishing", and I mentioned that the "industry buzz is all about the struggles in apparel, where retailers just can't seem to discount clothing enough to get things to pick up." With this in mind, I read an article in the March 30th issue of WWD entitled The Specialty Store Winners by Gross Margin, describing the steep declines in profit across brands coming off a markdown-heavy season.

Tags: industry retail apparel rap

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