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October Clothing, Footwear Spend Ticked Up—Thanks to Strong Holiday Start

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

As the holiday shopping period kicked into gear, clothing and footwear spending in the U.S. increased 1.8 percent in October to $414.52 million, according to estimates released Wednesday by the Bureau of Economic Analysis (BEA). This marked the second straight monthly increase after an up-and-down period of losses and gains. It also reflected strong retail…

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