Word: appareled
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Gains & Losses. The committee discovered that many of the state's industries, such as iron ore mining and processing, the economic backbone of northern Minnesota, now have little or no tariff protection. Others, like the thriving apparel industry, specialize in products geared to ever-changing demands on the part of the U.S. consumer; because of their greater familiarity with the market, U.S. firms would continue to have an advantage over foreign competitors. All in all, tariff reduction would make little direct difference to 52 Minnesota industries employing 66% of the state's mining and manufacturing workers...
...report rising sales, say they are also increasing inventories because of expected price rises. With steel, copper and aluminum suppliers booked solid well into midyear, West Coast aircraft, electronics, and other manufacturers are building up go-day inventories of scarce metals to protect themselves. As for retailers, Southern California apparel-and department-store inventories are up 9% to 12% in response to a 7% sales increase...
Modern Times. In Launceston, Australia, conforming to the civic motto, "Progress with Prudence," city fathers amended an old bylaw requiring swimmers to wear neck-to-knee bathing suits, decided to allow more modern apparel on the beaches, provided the suits cover at least three inches...
...jobs in the years 1950 to 1954 can be partially attributed, Harris said to '"the increased attractiveness of other items in the consumers' budget--automobiles, travel, eating out, vacations, etc." Also significant, he pointed out, is the fact that the textile dollar has become a smaller part of the apparel dollar than it used...
...Manhattan is still the biggest fashion center of all, and Seventh Avenue (from 34th Street to 40th Street) is its hub. There 8,500 women's-apparel manufacturers do 67.3% of the business-and they are a harried lot. Piracy is a stock in trade, and fashion rumors (both true and false) are the currency. Are tunics in? Will Dacron last? Is the two-piece bathing suit coming back? Gulping pastrami sandwiches and dodging careering handcarts packed with their rivals' dresses, Seventh Avenue's denizens must decide. Their decisions are based on nothing more than the gossamer...