Friday, January 15, 2010

What does the apparel industry need to come back to the game?


There isn’t a secret that we are going through difficult times. The New York Times published a review from 2009 December sales. Some sectors like electronics and jewelry were able to raise their sales compared with the period a year earlier. Sales of electronics rose 7.3 percent and jewelry increased 6.9 percent while sales of clothing declined 1.8 percent.

Should we keep inventories down and take the 1.8 percent down as the new market pattern? Or should we do something?

Source: New York Times

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