Apparel retailers noting good business this Holiday Season | Retail News USA
Home » News » Retailers News » Apparel Retailers Noting Good Business This Holiday Season

Apparel retailers noting good business this Holiday Season


READ MORE ON Apparel RetailersHoliday SeasonRetail NewsWomenswear

Apparel ShoppersAccording to a statement released by MasterCard Spending Pulse, apparel business is registering high single-digit growth this Holiday Season. Womenswear segment alone observed double digit growth this season.

The report states that retail sales (apart from auto and gas) zoomed 7.9 per cent between Black Friday and Christmas Eve in a Year-over-Year (Y-o-Y) comparison to last year. Sarah Quinlan, Senior Vice President – Market Insights for MasterCard Advisors, averred that business has been good, in spite of apprehensions about performance of retail sales. “After a slow start, I’m very happy to see that the holiday season was hot for retailers. We saw some very promising trends,” Sarah mentioned.

Also ReadForecast for holiday season sales upbeat

However, the apparel industry is observing that there is a shift in the way US consumers shop during Holiday Season as footfall at physical stores dipped while online retail business surged.

Shelly Kohan, RetailNext’s Vice President of Retail Consulting averred, “The weekend continued to demonstrate the emergence and importance of mobile shopping, and shoppers increasingly used digital devices to shop brands, research products, compare pricing and make purchases.”

MasterCard SpendingPulse reports US retail sales across all payments types. The outcomes are based on aggregate sales activity in the MasterCard payments network, together with survey-based estimates for other payment forms.


Have some news? Let us know on

Recommended by Apparel Resources

India’s CCI approves deal involving Future Lifestyle Fashion

India’s Competition Commission has approved a deal to allow Future Lifestyle Fashion (FLFL) to transfer a section of its apparel marketing business.  Apparel...

Shoppers Stop inks deal with ToneTag to improve its digitisation

To improve its digitisation play across its stores, India-based retail chain Shoppers Stop has inked deal with proximity communications firm ToneTag to deploy...

Ben Sherman to open first full-price shop at Liverpool

The UK-based menswear brand, Ben Sherman, is going to launch its first full-price store at Liverpool. This new store which is covering 1,755...

MANGO opens new flagship store in Madrid

With an aim to consolidate its presence in Spain, fashion retailer MANGO has unveiled its new flagship store in Madrid. MANGO, founded in...

Diesel to launch its first mono-brand store in Myanmar

Italian apparel brand Diesel is venturing into Myanmar with its first mono-brand outlet at Yangon International Airport. The first Asian travel retail store...

Ted Baker sees surge in US, Canada sales; looks for expansion

Luxury clothing retailer Ted Baker has noted growth in its revenue of 16.4 per cent to Euro 531 million. The brand also saw raise in its pre-tax profit of 12...

Kraig Biocraft Laboratories Awarded Investment Certificate in Vietnam

ANN ARBOR, Mich., March 27, 2017 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that it has just been...

Macy’s, G-III sign deal for DKNY women’s apparel and accessories

Macy's Inc., one of the USA's premier retailers, and G-III Apparel Group Ltd., a leading manufacturer and distributor of apparel and accessories under...

Walmart to grow its footprint in India; open 50 new stores

US-based leading multinational corporation Walmart has decided to expand its footprint in India by opening 50 new stores in next three to four...

PVH Corp. inks deal with Li & Fung Limited

PVH Corp., one of the largest apparel companies in the world, has entered into agreements with Hong Kong-based Li & Fung Limited, world...