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Agenda-setting intelligence, analysis and advice for the global fashion community.

American Fashion Soldiers Through a Volatile Market — For Now

The global stock market tumble this week raised alarm among economists over the likelihood of a US recession happening this year. The consumer economy, however, has held strong and the savviest retailers are still posting growth through offering a compelling value proposition.
Shoppers crossing the street.
US retail sales remained stable from May to June, Census data showed last month, and reflected a 2 percent uptick from June 2023. (Shutterstock)

This week, global stock markets reeled following news of a slowdown in the US job market in July.

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