Industry News
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Socks into the United States clothing market consumption first choice
According to the latest survey data from NPD, socks have replaced T-shirts as the preferred category of clothing for American consumers in the past two years. In 2020-2021, 1 in 5 pieces of clothing purchased by US consumers will be socks, and socks will account for 20% ...Read more -
Uniqlo’s North American business will turn a profit after the pandemic hit
Gap lost $49m on sales in the second quarter, down 8% from a year earlier, compared with a profit of $258m a year earlier. States-based retailers from Gap to Kohl's have warned that their profit margins are slipping as consumers worried about inflation...Read more
