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Last-minute cold weather brings little relief to U.S. apparel

January 3, 2016 by · Leave a Comment 

Apparel retailers saw a boost of no more than $200 million in sales from cold weather just before the new year, and with product markdowns above 50 percent, it will be very difficult to make up margins in the coming months, industry researchers said. Shoppers came out…

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Last-minute cold weather brings little relief to U.S. apparel