Consumers are updating their pandemic-era wardrobes, spurred by return-to-office mandates from companies like Amazon and JPMorgan.
Holiday discounts boosted clothing, footwear, and jewelry sales, with e-commerce driving much of the growth. Shoppers are opting for versatile, high-quality staples from brands emphasizing sustainability, while some use “buy now, pay later” services for purchases.
Retailers like Gap and Nordstrom saw sales improve, but not all businesses thrived during the holidays. Price-conscious consumers favored affordable options, contributing to steady clothing prices despite inflation. Online shopping remains dominant as customers prioritize variety and convenience.
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