© Reuters. A man in short sleeves carries shopping bags near Herald Square during unseasonably warm weather in Manhattan By Kylie Gumpert
(Reuters) – 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 to spend on winter apparel in the last two weeks of…
Last minute cold weather brings little relief to U.S. apparel
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