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Inflation Behind January’s Rising Retail Apparel Prices

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Hit by overall inflation and higher raw material costs in the sector, retail apparel prices increased a seasonally adjusted 1.1 percent in January from the prior month and were up an unadjusted 5.3 percent compared to a year earlier, the U.S. Bureau of Labor Statistics (BLS) reported Thursday in its Consumer Price Index (CPI). The…

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