An uptick in the number of Easter celebrants this year will help offset a dip in their eagerness to spend on apparel and other holiday items.
According to a survey from BIGinsight released Monday by the National Retail Federation, holiday-related apparel spending is expected to rise 2 percent this year, to $3.07 billion from $3.01 billion, with the average purchaser spending $53.51 on the category, 0.6 percent below last year. Overall Easter-related spending is seen rising 2.7 percent to $17.2 billion, despite a slight drop in overall expenditures, which are expected to trend down 0.1 percent to $145.13.
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?"