FORECASTS & ANALYSIS
By Deborah Belgum | June 5, 2019
As the economists putting out the UCLA Anderson Forecast were writing their quarterly report released on June 5, the Trump administration had not yet announced its 5 percent tariff on all Mexican goods being imported into the country.
Luxury reseller The RealReal filed documents with the Securities and Exchange Commission to prepare for an initial public offering.
Revolve, the online retailer planning to go public soon with an IPO, said in recent filings with the Securities and Exchange Commission that its revenues in 2018 were $498.7 million, up from nearly $400 million the previous year.
The U.S. economy is expected to cruise along at a moderate speed this year after whizzing past the speed limit last year.
The formula for doing business is slowly changing this year. While interest rates were rising at a steady pace last year, it’s a different story this year. The Federal Reserve hasn’t raised benchmark interest rates in 2019 and may even lower them, which is good news for apparel manufacturers and retailers.
Following the initial public offering price of $17 per share, San Francisco’s Levi Strauss & Co. closed at $22.41 per share on March 21, up $5.41, a 31.82 percent increase.
Slower economy sees slower housing starts this year and next.
Economy will slow down but will be on a positive path over the next two years.
In the past year, it has become increasingly more challenging to be an apparel manufacturer, importer or retailer in the United States as uncertainty surrounds trade with China.
If you had to describe what the economic outlook was for 2019, you might be inclined to liken it to the Charles Dickens novel “A Tale of Two Cities.”
The UCLA Anderson Forecast predicts the economy will slow down in 2019 and then nearly even out in 2020.
Levi Strauss & Co. has been on a roll lately, reporting its fourth consecutive quarter of double-digit revenue growth.
Stitch Fix Inc., an on-demand, personal-styling service based in San Francisco that offers online-apparel subscriptions and personal-shopping services, is headed to Great Britain next year.
Could the U.S. economy be partying like there’s no tomorrow only to be faced with a hangover in two years?
We asked finance experts and factors to give us their take on the retail industry and how it is shaping up this year.