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“One Stitch Closer,” Gap’s Celebration of International Women’s Day

In Industry News, Marketing, What's New by Accessories StaffLeave a Comment

New York—On International Women’s Day, March 8, Gap is introducing “One Stitch Closer,” a new program that extends Gap’s long-standing commitment of supporting women. At the center of the program is Gap Inc.’s P.A.C.E. (Personal Advancement & Career Enhancement) program, which will expand to provide education and training to even …

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Trade Associations Urge End of Cambodian Unrest

In Industry News, What's New by Accessories StaffLeave a Comment

Arlington, VA—The six leading North American trade associations representing apparel and footwear brands and retailers, including the American Apparel & Footwear Association (AAFA), the Canadian Apparel Federation (CAF), the National Retail Federation (NRF), the Retail Council of Canada (RCC), the Retail Industry Leaders Association (RILA), and the U.S. Fashion Industry …

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Holiday Pressure: November Comp Sales Disappointing

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had an unintentional effect. Consumers may be lured in by promotions but purchasing isn’t as strong as hoped for. According to several metrics, November comparable store sales were modest—actually decelerating from October increases. …

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Promotions Helped Lift October Comp Sales Above Estimates

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer confidence in October, but apparently shoppers turned out anyway. According to Thomson Reuters, comparable store (or same store) sales rose 4% last month, beating economists’ expectations for a 3% increase. Excluding drugstores, …