In its final verdict on the 2012 holiday season, the National Retail Federation said retail sales rose 3 percent to $579.8 billion and fell below the 4.1 percent gain to $586.1 billion projected in October.
The pace through 2013 is expected to stay about the same, with the International Council of Shopping Centers forecasting a 3 percent gain. Retailing continues to show signs of recovery, but its rate of improvement has been hampered by the ongoing economic uncertainties around the world and politics in Washington impeding progress on negotiating resolutions on tax reform, spending cuts and the debt ceiling.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)