2015 Economic Retrospective
As 2015 draws to a close, the editors of California Apparel News take a look at several key economic indicators to assess how California’s fashion industry navigated the slowly recovering economy over the past year.
On the retail front, there were some surprising success stories as well as an unexpected downturn. The rising retail real estate prices around Southern California also offer some perspective on consumer shopping patterns.
The correspondence between the made-in-America draw of domestic manufacturing and high-volume benefits of offshore production is evident in the California employment numbers and the U.S. import/export data, which also yield clues into the shifting sourcing scene overseas.
Macy’s Inc Tries Off-price, Nordstrom Tries More Stores
Gap Initiative Aims to Cut U.S. Stores, Increase Overseas Stores
Despite Some Monthly Increases, Apparel Employment Flat in ’15
