5 Top Apparel Industry Trends in 2017

Powerful forces are turning the retail apparel industry upside down.

“The retail apparel business has always been tough,” said Jack W. Plunkett, CEO of Plunkett Research Ltd, in a video on the topic. “But it’s become much worse, frankly, in recent years.”

The U.S. apparel and accessories industry is down more than 10% in the last year, with several apparel company stocks hitting new multi-year lows. Although the U.S. GDP has risen for eight consecutive years and unemployment has decreased, retail apparel stores continue to struggle.

Topics: Apparel Industry Insights