Counter Culture

Msnbc.com interviews some of our favorite analysts about the state of apparel in today’s retail environment, and it’s not pretty. Apparently, consumers just aren’t buying clothes because they NEED to buy food and gas, which are both rising in cost and taking precedence over the newest Abercrombie T-shirt.

A quote by C. Britt Beemer, an analyst at America’s Research Group, is telling. “I’ve done research for 29 years, and what I’m seeing today I can’t compare to anything I’ve seen before,” he said.

Ouch.
Continue reading ‘Is Apparel Doomed This Year?’

We think that if German bodybuilder Markus Rühl decides to go grocery shopping more often, he could single-handedly stop the consumer slowdown. (Courtesy of atomini.)