Fashion’s chief executive officers are acknowledging a far more cautious consumer within the U.S.
While the headline economic readings might show an incredibly resilient shopper who's spending their way through inflation and better rates of interest, the on-the-ground take from retail CEOs this week showed something else.
For consumers, being willing to pony up for costlier groceries is something different than refreshing the wardrobe.
And in a flurry of quarterly updates this week, a few of fashion’s biggest players stood by their plans and expressed their very own individual optimism, but in addition sketched a more-dire tackle the buyer at large.
Hopes and challenges remain.
Unemployment continues to be ultra-low at 3.4 percent, however the Federal Reserve is seen as intent on changing that with...
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