US 'annual shopping orgy' sees record sales as retailers heavily discount
Once again, US consumers have shrugged off fatigue and kept the retail sector humming, with ...
Fascinating article on American Apparel, the garment retailer that manufactures its wares in the US. But times are tough. Can it compete with the 97% of clothes sold in the US that are made far more cheaply elsewhere? There are a couple of things it can do – convince shoppers that ‘buying American’ is a good political choice, and concentrate on the benefits that a shorter supply chain brings – namely making “extremely trendy items” that can get into the shops faster and keeping little inventory. Production costs remain high, though, and the US-based, but Mexican workforce are seeing real wages fall as well as layoffs. Can the new CEO turn it all around?
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