The NPD Group Tuesday added to the growing body of evidence that this year’s back-to-school season will be late and lean.
The Port Washington, N.Y.-based market research firm reported 44 percent of those surveyed said they would spend less this b-t-s season than they did a year ago, while 32 percent expect to spend the same and 23 percent foresee greater expenditures. Last year, 35 percent expected to spend less, 34 percent the same and 31 percent more.
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?"