WASHINGTON — Wholesale prices of U.S.-made women's apparel increased 0.6 percent in April and 0.7 percent from a year ago, the Labor Department reported Tuesday.
Seasonally adjusted wholesale prices on all domestically produced apparel were flat last month and inched up 0.3 percent from a year ago, according to the Producer Price Index. Prices on all finished wholesale goods rose 0.6 percent for the month and were up 4.8 percent compared with a year ago. Excluding the volatile food and energy sector, overall prices were up 0.3 percent for the month, the biggest rise in three months.
Textile and apparel increases stemmed from higher costs, particularly for energy, said Charles McMillion, president and chief economist at MBG Information Services. Oil prices have risen 17.5 percent from a year ago, with a barrel of crude at $48.61.
"Domestic producers have very little pricing power," McMillion said. "They're facing a lot of very low-priced imports. Producers are being squeezed quite severely."
In categories of women's apparel showing significant changes, misses' and juniors' swimwear prices jumped 9.6 percent during the month but were down 5.5 percent versus a year ago. Prices on women's and girls' underwear were up 5 percent for the month and the year.
Among those feeling the pricing pinch is Robert Bock, president of 525 America, a sweater firm with about 25 percent of its production in New York City.
"Prices are rising slightly for everything," he said, noting specifically that yarn prices have gone up 15 to 20 percent from a year ago. "Because there are fewer knitters, finishers and dyers, they've all raised their prices. It's supply and demand."
Bock, whose firm is looking for sales of about $22 million this year, said he has kept to trendier goods to keep prices up.
"On the basics, you can't increase your prices," he said. "On fashion you can, but only a little."
On the textile side, U.S.-made synthetic fiber prices rose 1.1 percent last month and 6.1 percent from a year ago. Greige goods prices rose 1 percent in April and 2.3 percent over 12 months.A separate report from the Federal Reserve showed that output from apparel and leather manufacturers rose 0.9 percent last month but was down 8.8 percent from a year ago. Output from textile mills fell 0.8 percent for the month and was flat with a year ago.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)