WASHINGTON — Under continued pressure from declining consumer demand and a stalled economy, apparel and textile imports dropped in July for the fifth consecutive month.
The volume of apparel and textile imports to the U.S. declined 4.4 percent in July compared with a year earlier, to 4.58 billion square meter equivalents, after sliding 10 percent in June, the Commerce Department said Thursday. Year-over-year import levels fell 6 percent in May, 0.6 percent in April and 11.4 percent in March.
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)