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Why December’s Retail Sales Decline Was the Worst in Nine Years

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.

Retail sales for December weren’t quite what the industry expected. The government’s retail sales report released Thursday showed the largest decline in nine years, with sales sliding 1.2 percent. While worrisome, the news may not yet be an indicator of a larger trend even despite a holiday shopping season that was worse than expected. The…

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