WASHINGTON — U.S.-made apparel prices rose 0.1 percent in September compared with August, the Labor Department’s Producer Price Index showed Friday.
On a year-over-year basis, domestic apparel prices increased 1 percent. U.S.-made women’s and girls’ apparel prices edged up 0.1 percent in September and were 0.2 percent higher than a year earlier. Men’s and boys’ apparel prices were flat last month, but were 3.2 percent higher than in September 2011.
The PPI isn’t considered a key indicator of prices for apparel, since imports comprise an estimated 85 percent of all goods sold at retail. The Consumer Price Index, which measures all goods sold at retail and is considered the key barometer for prices, will be released on Tuesday.
Within the women’s and girls’ category, several U.S.-made price categories, including woven shirts and blouses, dresses and swimwear, were up 0.2 percent last month, while prices for knit shirts and blouses rose 0.1 percent. In the men’s and boys’ category, prices on knit dress and sport shirts inched up 0.5 percent last month, while prices on lightweight nontailored coats, jackets and vests fell 0.9 percent and prices on regular-weight nontailored coats, jacket and vests declined 0.5 percent. All other prices were flat in the men’s and boys’ category.
In the overall economy, wholesale prices on finished goods advanced 1.1 percent in September, driven by higher energy prices. Core prices, excluding volatile food and energy prices, were flat.
“In September, for the second month in a row, the PPI jumped more than 1 percent because of a surge in energy prices, mainly gasoline [up 9.8 percent],” said Nigel Gault, chief U.S. economist at IHS Global Insight. “We don’t expect gasoline prices to change much in October, but at least we will not see a third big jump in succession.”
Further down the pipeline, U.S-made prices on yarns fell 0.6 percent in September and were 12.7 percent below a year earlier, while prices on greige fabrics rose 0.4 percent last month and were 7 percent lower year-over-year. Prices on finished fabrics fell 0.7 percent in September and were 0.1 percent above prices in September 2011.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)