Investor’s Business Daily

22 May 2015

“[Millennials] love to shop on digital channels (especially mobile) and are growing to be the dominant spend across all retail,” Al Sambar, retail strategist at Kurt Salmon, explains to Investor’s Business Daily, when discussing how many apparel wholesalers are increasing their direct-to-consumer efforts, opening more stores and sharpening their e-commerce sites. Commenting on how many apparel brands are expanding their presence abroad, Sambar adds that global apparel brands “can do very well” in markets with rising middle classes, such as China.

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