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Apparel Sales Took a Beating in Holiday Season

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According to the most recent U.S. Department of Commerce data, sales at department, discount and apparel specialty stores fell in November and December, hurt by unseasonably warm weather that made winter clothes seem irrelevant and cars much more interesting.

Total adjusted retail sales rose by 2.2% compared to last December, to $448 billion, making up a bit for November’s sluggish 1.6% gain. On a 12-month smoothed basis, sales were up by 2.5%.

Read more at Sourcing Journal.

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