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Irma impact on US retailers rises to US$2.75bn
2017-09-11 16:07:00| Daily apparel & textile news and comment - from just-style.com
As Irma is downgraded to a tropical storm by the National Hurricane Center - yet still producing some wind gusts at near hurricane force - its potential economic impact on lost retail sales was increased to US$2.75bn yesterday (10 September).
Tags: impact
retailers
rises
irma
UK retailers renew call for "frictionless" Brexit trade deal
2017-09-08 12:04:00| Daily apparel & textile news and comment - from just-style.com
UK retailers have renewed calls for the European Commission and the UK government to guarantee the free movement of goods after the UK leaves the European Union (EU).
Irma poses US$1.45bn sales hit to US retailers, worse than Harvey
2017-09-07 18:12:00| Daily apparel & textile news and comment - from just-style.com
As recovery efforts continue in the wake of Hurricane Harvey, US retailers have been warned to brace themselves for the fall out from Hurricane Irma - expected to make US landfall this weekend - with early estimates suggesting the potential economic impact for lost sales in the consumer/retail sector will be worse than that caused by Harvey, totalling US$1.45bn.
US apparel retailers' August 2017 sales roundup
2017-08-31 18:15:00| Daily apparel & textile news and comment - from just-style.com
August proved a slightly more positive month for the handful of US apparel retailers still reporting their monthly comparable sales figures as same-store sales came in ahead of expectations, but bankruptcies, store closures, anaemic earnings growth, and the looming spectre of Amazon continue to cast a pall over the group with all but one recording a decline.
Tags: august
sales
apparel
retailers
US retailers facing US$1bn in lost sales thanks to Harvey
2017-08-31 14:35:00| Daily apparel & textile news and comment - from just-style.com
As Hurricane Harvey - downgraded to a tropical depression last night - moves away from Houston, Texas, and across northeastern Louisiana and northwestern Mississippi, early estimates suggest the economic impact for lost sales in the consumer/retail sector total US$1bn, with shopping malls and apparel stores due to take a big hit.
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