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December figures bow for Wal-Mart, Federated
Wal-Mart and Federated Department Stores, two of the leading US retailers, yesterday reported that their December sales figures were trending towards the lower end of their expectations, an indication that holiday shopping is tepid and a last-minute surge during the final weeks of the season is unlikely to help.
Although the holiday season started robustly over the Thanksgiving weekend, sales have shown lower growth since.
At Wal-Mart, the world's biggest retailer, sales are heading towards the lower end of the 3-5 per cent growth range forecast previously. "This holiday season is very difficult to predict with less shopping days and customers buying closer to the event," the retailer announced in its weekly sales recording.
Soft results were helped slightly by an increase in demand for crafts, pet supplies, underwear, household chemicals and pharmaceutical products.
Meanwhile, Federated Department Stores, owner of the upmarket
Bloomingdale's and Macy's stores, yesterday warned that total sales
could decline by as much as 2.5 per cent during the November and
December period.
7/12 See
us at the following upcoming shows
Jan. 6-10, New York Market
Spring/Summer
neal@mcpeteinc.com
Jan.12-15. -New England Apparel Club.Marlboro, Mass.
info@shirleyofhollywood.com
Jan 17-21 Los Angeles Fashion Week, Los Angeles
info@shirleyofhollywood.com
Jan 17-20 Denver Women And Children's Apparel
info@denvermart.com
Jan. 19-31, The Orlando Int'l Lingerie
Show
www.spectrade.com
Jan 19-21 Minneapolis Women's Apparel Market
northstarfashion@aol.com
Jan. 23-27 Dallas Apparel Market
rickbtx@attbi.com
Jan. 24-27, Salon International
d'Lingerie 2003, Paris
lingerie-paris@la-federation.com
Jan
24-28, Chicago Women's Wear
info@shirleyofhollywood.com
Jan 30-Feb 2, Atlanta, Ga. Women's Wear Show
info@shirleyofhollywood.com
The
6th edition of European PreView, New York, will take place on January
22-23, 2003 at the Metropolitan Pavilion on 135 W. 18th Street (between
6th and 7th Aves).
European PreView will feature the Spring-Summer 2004 fabric
pre-collection and trends.
This season is about: "An appreciation of nuances is indispensable,
proportions are cultivated, detail is sublimated. A season to enrich
oneself through paradoxes, to connect the senses to the tangible, to act
on Fabric."
8/12
See us at the Following
Show
Jan.19-21 Orlando Lingerie Show
China's rapid advance is sending shivers down the spines of textile
and clothing industries in countries across the globe.
US textile and apparel imports from China more than doubled in volume during the first eight months of 2002,
with apparel imports surging
47 per cent and textile imports soaring an astronomical 145 per cent.
But are textiles and apparel in China a competitive threat or an
investment opportunity?
Models present outifts from the 'Spring/Summer 2003' collection by
Italian designer Anna Masotti during a fashion show in Bombay,
December 14, 2002. The show was held as a part of 'Festa Italiana',
a two-week long Italian cultural festival in the city.
Sung to "Walking In A Winter Wonderland"
Lacy things -- the wife is missin',
Didn't ask -- her permission,
I'm wearin' her clothes,
Her silk pantyhose,
Walkin' 'round in women's underwear.
In the store -- there's a teddy,
Little straps -- like spaghetti,
It holds me so tight,
Like handcuffs at night,
Walkin' 'round in women's underwear.
In the office there's a guy named Melvin,
He pretends that I am Murphy Brown.
He'll say, "Are you ready?" I'll say,"Whoa, Man!"
"Let's wait until our wives are out of town!"
Later on, if you wanna,
We can dress -- like Madonna,
Put on some eyeshade,
And join the parade,
Walkin' 'round in women's underwear!
Lacy things... missin',
Didn't ask... permission,
Wearin' her clothes,
Her silk pantyhose,
Walkin' 'round in women's underwear.
Walkin' 'round in women's underwear,
Walkin' 'round in women's underwear!
"Ask Andy"
Andy Weinstock has been in the fabric and textile business all his life, but
professionally since 1969.
"I love what I do, selling fabrics around the globe. I've met lots of interesting, creative, dynamic
folks; some have become dear friends. I love to help new businesses find the things they need to become successful. It works for everyone."
You can ask Andy questions about Fabrics at
Andy@mcpetesez.com
The "Ask Andy" Column is an opinion Column and may
not necessarily reflect the views of
McPete Sez
Hey Sales Reps !!!
Would you like to write an article for this newsletter? we are
looking 
for information for our readers and if you have anything to
contribute please e-mail me.
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