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US Retail Apparel Prices Fell 2.3% in May

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

U.S. retail apparel prices fell for the third consecutive month in May as the coronavirus crisis forced store closures, slashed consumer spending on nonessential goods and depressed raw material prices. For the month, retail apparel prices were down a seasonally adjusted 2.3 percent after declining 4.7 percent in April and 2 percent in March, according…

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