Womenswear continues to lead consumer spending on apparel, according to data released last week by the U.S. Commerce Department.
Personal consumption expenditures on female apparel had its biggest monthly rise in two years in January, up 3.1% on a 12-month smoothed basis, to an annualized $178 billion, compared to a 1.6% increase in men’s and boys’ apparel spending and a 0.8% increase in childrenswear. All three categories, however, saw accelerated growth compared to the previous month.
Read the full article at Sourcing Journal.