WASHINGTON — In the midst of continued inflationary trends driven largely by food cost and energy increases, men’s retail apparel prices increased 0.9 percent in April compared to the previous month and 0.8 percent versus a year ago, the Labor Department reported Wednesday in its Consumer Price Index.
Apparel costs overall crept up 0.5 percent compared to the previous month, but dropped 0.7 percent compared to April 2007. Women’s apparel prices were flat compared to March and dropped 4.3 percent compared to a year ago. Boys’ apparel prices decreased 0.2 percent on a monthly basis, and increased 3 percent versus April 2007.
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)