By  on August 6, 2012

The second-quarter rubber is about to meet the road — and the evidence-to-date suggests the fashion industry will just be puttering along.

July comparable-store sales were better than expected last week, but offered only a narrow take on the industry and no window into how promotional retailers had to be to drive traffic. For every encouraging increase, there seemed to be a decline not far away. Gap Inc.’s resurgence with a 10 percent comp gain in July was countered by Abercrombie & Fitch Co.’s profit warning and decision to pull back on its international expansion.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus