The apparel industry has been one of the most successful at cutting costs in the past decade, and also at passing on the benefits. U.S. apparel prices are slightly lower than a decade ago, compared with inflation of more than 100 percent, noted Bill Ghitis, president of apparel for DuPont Textiles & Interiors, during a special presentation.

"We should be consumer heroes, but we’re not," Ghitis said. "Despite our decade-long fire sale, most of the trend lines point down. Why? Because clothes are simply boring."

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus