WASHINGTON — Retail apparel prices bucked the trend in July, rising for the second straight month, while economic pressures fueled the sharpest year-to-year decline in retail prices so far in 2009, the Labor Department said in its Consumer Price Index.
Retail apparel prices rose a seasonally adjusted 0.6 percent in July and increased 1.1 percent compared with a year earlier. Apparel prices had increased 0.7 percent in June after falling 0.2 percent in May.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"