WASHINGTON — Retailers took a gamble on their pricing power in November, pushing retail apparel prices up a seasonally adjusted 0.6 percent even as the crucial holiday shopping season began.
The picture was even more stark in year-over-year comparisons, with apparel prices rising 4.8 percent from November 2010, the U.S. Labor Department’s Consumer Price Index showed. It was the largest November-to-November increase in apparel prices since 1987, when they rose 6.3 percent, according to Sarah Hutchinson, an economist with the Labor Department.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"