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Article: MEN'S APPAREL SALES AT RETAIL UP 6.7% IN 1ST QUARTER: NPD SURVEY FINDS DEPARTMENT STORES, SPECIALTY STORES, FACTORY OUTLETS ALL DID BETTER IN MEN'S.
- Article from:
- Daily News Record
- Article date:
- June 3, 1998
- Author:
CopyrightCOPYRIGHT 1998 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Consumer purchases of men's apparel in 1998 got a good start with sales in the first quarter up 6.7 percent over the comparable period a year ago. Men's wear led all other apparel sectors in gains for the period.
Department stores, specialty stores and factory outlets all had better sales performance for men's than a year ago.
The strong showing was based on increased spending by both the most affluent households and those in the lower middle class -- households with incomes from $15,000 to $24,999. Both these sectors showed double-digit increases in the first quarter, 16 percent and 27 percent respectively.
These were among the key findings of the ...