US apparel prices rise, but consumer spending shows signs of slowdown

In September, US CPI for garments rose by 0.6 per cent, nearing pandemic-high levels, though consumer spending on apparel fell by 0.8 per cent.
US consumer confidence dropped, signalling potential cautious spending ahead.
The US labour market showed strength, adding 254,000 jobs in September.
Wage growth is rising again, and global markets show optimism.

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UK clothing-footwear prices up 0.8% YoY, 2.1% MoM in Sept 2024

UK CPI rose by 1.7 per cent in the 12 months to September from 2.2 per cent in August.
On a monthly basis, CPI was little changed from a 0.5-per cent rise in September 2023.
Clothing-footwear prices rose by 0.8 per cent in the year to September; the rise was 1.6 per cent rise in the year to August.
On a monthly basis, such prices rose by 2.1 per cent compared with a 2.9-per cent rise a year.

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Bloomie’s by Bloomingdale’s to open store in New Jersey in November

Bloomingdale’s will open its fourth Bloomie’s store at The Grove in Shrewsbury, NJ on November 14, 2024, offering a curated selection of women’s fashion, accessories, beauty, and fine jewellery from top brands.
Celebratory events include a Winter Village on opening day and a Holiday Bash on December 7, featuring exclusive gifts, music, giveaways, and festive activities for guests.

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Rakul Preet Singh suffers back injury after 80 kg deadlift, says “I did not listen to my body”

Bollywood actress Rakul Preet Singh, known for her fitness, recently sustained a back injury while performing an 80 kg deadlift without a back belt. On October 5th, the actor experienced a back spasm during her workout but continued training, which aggravated the pain. Sharing a health update with fans, Rakul recently took to Instagram to

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H&M launches premium kidswear Line Adorables at Selfridges London

H&M has launched a vibrant pop-up store at Selfridges London for its new premium childrenswear line, H&M Adorables.
Featuring high-quality materials and playful elements, the collection is showcased in a wooden, immersive space designed by Open Studio Stockholm.
The store includes cashmere, wool knitwear, and organic cotton pieces, with a news stand and a mascot by artist John Bond as focal points.

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Cambodia defies global textile trends as exports grow 24% in Jan-Sept

Cambodia’s apparel exports surged by 24.6 per cent in the first 9 months of 2024, reaching $7.39 billion, despite global market challenges.
Exports of knitted and non-knitted clothing rose by 21.5 per cent and 31.9 per cent, respectively.
September saw a 31.64 per cent increase in exports.
Meanwhile, imports of textile materials like fabrics and fibres also grew, reflecting Cambodia’s resilience.

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