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Retail Apparel Prices See Largest Monthly Decline in 63 Years

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

As the coronavirus pandemic caused widespread disruption across discretionary American retail, the bottom fell out of apparel and footwear prices in April. The price of all apparel sold at retail last month fell a seasonally adjusted 4.7 percent from March, with declines in all sectors, according to the Consumer Price Index (CPI) released Tuesday by…

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