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Menswear sales outpace women's wear | Menswear sales outpace women's wear |
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| Tuesday, 12 August 2008 | |
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AP WHAT'S NEW: In tough economic times, men are traditionally the first to cut back on buying clothes, but there's been a major shift. Over the past year, men -- enticed by a new slimmed-down silhouette -- have been on a buying spree, while women have pulled back even more. The lopsided fortunes is creating a rare sales disparity that hasn't been seen in years. THE NUMBERS: Menswear sales rose 0.8 percent in the year ended in May, while women's wear sales fell 3.5 percent, according to the most recent data from market research firm NPD Group. The gap has widened recently, with women's wear sales dropping 3 percent in the three months ended in May, while menswear sales rose 2.3 percent. |
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