WASHINGTON — Wholesale prices for domestically manufactured men’s and boys’ apparel rose 0.4 percent in May compared with April and 1 percent compared to last year, the Labor Department said Tuesday in its Producer Price Index.
Wholesale prices for all apparel increased 0.1 percent from April and 0.7 percent from May of last year. Prices for all U.S. produced goods rose a seasonally adjusted 1.4 percent in May, after rising 0.2 percent in April and 1.1 percent in March. The core PPI, which excludes food and energy prices, rose 0.2 percent in May.
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)