Retail Trade

Apparel Retail Sales in the US sees Good Jump

INFLATION HITS RETAIL SALES GLOBALLY

A report released by Wazir Advisors indicate that in the month of March 2022 the apparel store sales in the US reached US$ 17 billion 4% higher than Mar 2021.

On Year to Date bases the sales are 15% higher than 2021.

Online sales of clothing and accessories in 2021 stood at US$ 62 bn., which is 5% higher than 2020. In last four years, online sales have grown at a CAGR of >13%.

The home furnishing store sales were 9% higher than in Mar 2021 closing at US$ 5.9 bn 12% higher than 2021.

Related posts

AEPC 43rd AGM Highlights Achievements of the Sector

PS NewsDesk

Home textile Industry to Revive as Demand Picks Up

PS NewsDesk

WHICH American Brand is Quitting Chinese Market?

Perfect Sourcing Newsdesk

Leave a Comment