Retail apparel prices declined a seasonally adjusted 0.6 percent in November after rising the two previous months, as holiday price cutting kicked into gear, the U.S. Labor Department reported Friday in its Consumer Price Index.
Women’s apparel prices also fell 0.6 percent, as all categories declined except the combined underwear, nightwear, sportswear and accessories group, which increased 0.5 percent. Prices for dresses were down 3.4 percent, outerwear dipped 0.4 percent, and suits and separates were off 0.1 percent. Girls’ apparel prices fell 5 percent in the month.
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)