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Article: MEN'S WEAR SALES FLATTEN FOR 2000; SPECIALTY STORES, OFF-PRICERS SEE GAINS FOR YEAR, ACCORDING TO NPD REPORT.
- Article from:
- Daily News Record
- Article date:
- April 4, 2001
- Author:
CopyrightCOPYRIGHT 2001 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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The men's wear business basically took a breather last year. After strong year-to-year gains in 1998 and 1999, sales were essentially flat in 2000, with a decrease of 0.3 percent.
According to The NPD Group, a Port Washington, N.Y.-based marketing information service, total consumer purchases of apparel last year rose 1.5 percent to $182.3 billion. Of those sales, about 35 percent, or $63.3 billion, were men's wear.
NPD estimates 53 percent, or $96.6 billion, were women's apparel, up 2.1 percent from year-earlier levels. Boys' purchases totaled $7.7 billion, a decrease of 2.2 percent, while girls' apparel sales totaled $7.1 billion, up 1.1 percent.
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