A recent report in Women’s Wear Daily, a trade pub-lication, indicates that a clothing manufacturer is considering opening its own retail stores that will target teens. The teenage clothing market is difficult to evaluate. Trends are important. Either you catch them or your business suffers. So, Futura Fashions has recently hired an experienced fashion buyer and merchandise manager. The economy is strong. Consumer confidence is up and so is consumer spending. Recent reports indicate a decrease in jobless claims and an increase in employment. However, inflation is increasing slowly, so the Federal Reserve has increased interest rates a quarter of one percent, which could make consumers less inclined to spend.
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