WASHINGTON — Women’s retail apparel prices surged a seasonally adjusted 2.1 percent in July — the largest monthly increase in prices since March 2006 — but a decrease in prices from last year indicates that inflation might not be the only force at work, the U.S. Labor Department reported Thursday in its Consumer Price Index.
Women’s apparel prices last month fell 1.4 percent compared with July 2007. Retail prices for all apparel increased 1.2 percent in July compared with June and 0.8 percent compared with the same period a year ago.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)