Apparel sales on a comeback, claim industry watchers
The robust holiday sales season at the end of 2017 is likely spurring what some are calling a comeback for the retail apparel sector.
The 4.9 percent sales boost over the holidays, the highest annual increase in seven years, likely continued in January, according to a New York Post report, with consumers spending on wardrobe items.
"We believe apparel is making a comeback," Craig Johnson, chief executive of Customer Growth Partners, told the Post. The firm expects apparel sales to be up more than 3 percent this month.