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Sales of Children’s Clothing Rose by 10 Percent in June

Sales of apparel, jewelry and luxury goods rose again in June, according to Mastercard Advisors’ SpendingPulse report, which tracks retail spending across all payment forms. Fueled by Father’s Day, as well as graduation and wedding season, apparel sales rose 5.9 percent, while sales of children’s clothing rose 10 percent. Retail sales increased despite the rising […]

Sales of apparel, jewelry and luxury goods rose again in June, according to Mastercard Advisors’ SpendingPulse report, which tracks retail spending across all payment forms. Fueled by Father’s Day, as well as graduation and wedding season, apparel sales rose 5.9 percent, while sales of children’s clothing rose 10 percent. Retail sales increased despite the rising cost of cotton, which has helped push apparel prices up about 2.7 percent.

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