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Retail Apparel Prices Fell 2 Percent in March as Pandemic Disruption Swept the Nation

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

As the coronavirus pandemic gripped the country in March, causing sweeping store closing and massive disruption in consumer goods purchasing, retail apparel prices fell a seasonally adjusted 2 percent in the month, according to the Consumer Price Index (CPI) released Friday by the Bureau of Labor Statistics (BLS). Women’s apparel led the decline, as prices…

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