August 2010 U.S. Apparel Retail Sales Increase

According to the US Bureau of Statistics’ recently released US retail forecast data, the overall retail sales in the United States in August 2010 increased by 0.4% from the previous quarter and increased by 3.6% year-on-year. Apparel retail sales grew sequentially.

In August 2010, sales of apparel apparel stores in the United States were US$18.28 billion, a year-on-year increase of 1.2% and a year-on-year increase of 3.9%. The total sales volume of the integrated stores was US$50.89 billion, which was a 0.4% increase from the previous quarter and an increase of 3.0% year-on-year. Department store sales amounted to US$15.48 billion, a 0.4% increase from the previous quarter and a year-on-year decrease of 1.2%.

Judging from the inventory ratio of the apparel industry in July 2010, the overall trend has shown an upward trend. The apparel sales ratio of apparel and apparel stores was unchanged from the previous month, which was 2.33. The overall store inventory sales ratio increased from 1.43 in June to 1.44, and the department store inventory sales ratio increased from 2.02 in May to 2.05.