In a highly optimistic forecast, the National Retail Federation projects that back-to-school and college spending will reach $83.6 billion, a more than 10 percent increase from last year’s $75.8 billion.
The NRF says rising consumer confidence and higher school enrollment will trigger the gains. Categories being measured include clothing, shoes, electronics and school supplies.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"