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Retail Pulled Off Strongest Holiday in Years Despite Apocalypse Narrative

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.

The U.S. Census Bureau today confirmed that holiday sales beat all expectations. According to government numbers, December retail sales increased by 5.6% over December 2016. Non-store sales, which includes online sales, grew in December by 12.7% over the prior year period. All key retail sectors except sporting goods saw increases during the month, according to…

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