WASHINGTON — Wholesale prices for domestically manufactured men’s and boys’ apparel increased 0.4 percent from August and 1.4 percent year-to-year, the Labor Department said in its Producer Price Index on Wednesday.
Prices for all apparel dropped 0.2 percent from the prior month, and increased 0.9 percent compared to September a year ago. Wholesale prices for domestically manufactured women’s and girls’ apparel declined 0.7 percent in September from the previous month and decreased 0.1 percent compared with last year.
Prices for all U.S.-produced goods moderated in September as well, falling a seasonally adjusted 0.4 percent in September. Prices dropped 0.9 percent in August and increased 1.2 percent in July. The core PPI, excluding more volatile food and energy prices, increased 0.4 percent in September.
The overall index was driven down in part by lower energy costs. Prices in that sector fell 2.9 percent.
“The weakening economy is dampening demand for all fuels. This is also helping to relax cost pressures and bringing producer prices down,” said Patrick Newport, U.S. economist, Global Insight.
The vast majority of apparel sold in the U.S. is not produced domestically, but price fluctuations in the domestic prices are still notable. The Consumer Price Index, which tracks retail price changes, will be released Thursday.
Producer prices for men’s and boys’ work clothing, knit shirts and woven shirts were flat in September but increased 0.6 percent, 0.3 percent and 2.1 percent respectively from the previous year. Work shirt prices increased 3.6 percent from August and 3.9 percent year-to-year. Wholesale suit prices climbed 0.5 percent in September and 2 percent from the prior year. Tailored sport coats and vests also increased, 1.1 percent from August and 3.9 percent compared with September 2007.
September prices for apparel fabric, also called textile mill products, increased 1.1 percent from August and spiked 5.9 percent compared to the same period last year. Textile product mill prices, primarily home furnishings and industrial fabric, increased 0.7 percent from August and climbed 3.5 percent from the prior year.
Deeper in the manufacturing pipeline, prices were also up across the board. Synthetic fiber prices climbed 3.7 percent from August and 7.4 percent from a year ago. Yarn costs were up 1.4 percent in compared to the previous month and 8.6 percent year-to-year. Finished fabric prices increased 1 percent for the month and 6.1 percent from the prior year. Gray fabrics were flat in September, but increased 2.9 percent from the same period a year ago.
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)