Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

Consumers and retailers alike are still trying to figure out what Americans will want to wear as they head back out into the world after a year at home, in sweatpants.

Why it matters: The choices people make about their post-pandemic wardrobes will help define what, exactly, our “new normal” is. They'll indicate how both work and socializing have changed, and will tell the story of how people expressed themselves in the aftermath of a year of massive transformation.

What we’re watching: As sales begin to tick back up, both men and women seem to be moving on from their lockdown looks, but aren’t simply snapping back to their pre-pandemic tastes.

  • Handbag designers, for example, are still making compartments for hand sanitizer, and will probably continue to, said Lainie Schreiber of Latico Leathers. “We made sure to include pockets for the new essentials,” she said.

What’s trending: "Not a lot of suits and almost anything without a zipper or buttons," said Camille Wright of Style Consortium, a multi-line apparel showroom.

  • “They cannot get enough dresses," she said. "Everyone wants to wear a dress right now. They want to be pretty.”
  • Anything soft and flowing, especially in block prints or bright colors — pink, turquoise, lavender — is in.

Men’s purchases also suggest a lot of them are heading back to the office: They’re buying a ton of tops but fewer button ups. “Everything is kind of comfortable and kind of stretchy,” says Christine Alcalay, owner and operator of Kiwi, a women's store, and Fig, a men's retailer.

“People have enough sweatpants, but they’re still in their COVID bodies so they want really pretty things that aren’t too boxy but comfortable,” Alcalay said.

  • Denim, therefore, has taken a dip.

Between the lines: Businesses have been “extraordinarily cautious” about their inventory, and are now trying to pin down the post-pandemic market at a time when they can’t afford much experimentation.

  • "We just didn't know what was going to happen,” Lisa Bobb of Squash Blossom, a women’s clothing boutique in Georgia, told Axios. “Was there going to be another wave? Were people going to be gathering for events or opting for smaller outings, where they'd be more casually dressed?”
  • Retail clothing store sales dropped 5% month-over-month in April. And some specific categories have seen steep declines — women’s dresses and men’s suits saw prices fall 14% and 17%, respectively, from the start of 2020 to March 2021.

But overall apparel prices are now on the rise, and retail employment has improved over the past few months, too.

The bottom line: “After the pandemic, people want to be happy and so I think that is what is translating into what people have been wearing,” Wright said.

Go deeper

Retail's mixed bag

Illustration: Shoshana Gordon/Axios

Retail sales fell by a lot more than experts expected in July. However, the shopping trends underlying the data don’t paint a picture of nervous consumers pulling back amid renewed COVID concerns.

Why it matters: The recent spike in COVID cases amid the spread of the Delta variant has taken a toll on consumer sentiment. Should that drop in sentiment translate into a significant downturn in actual spending, the U.S. economic recovery could be thrown off track.

Right-wingers making McCarthy sweat for future Speaker post

House Minority Leader Kevin McCarthy stands with his Republican colleagues outside the House on Nov. 17. Photo: Stefani Reynolds/Bloomberg via Getty Images

Right-wing elements in the Republican Party are complicating House Minority Leader Kevin McCarthy's attempts to become the next speaker of the House should the GOP take back the majority in 2022.

Why it matters: While McCarthy has worked carefully to build trust among the conservatives who tanked his chances at clinching the speakership in 2015, they're still circling ahead of the next Speaker vote in January 2023.

40 mins ago - Politics & Policy

Congress sprints to meet crush of deadlines

Illustration: Aïda Amer/Axios

Congressional leaders have been pushing off vital action for months — and a lot of it will catch up with them in December, which begins Wednesday.

Driving the news: Funding for the federal government is set to expire at midnight on Friday. There are also consequential deadlines related to the debt limit, President Biden's agenda and annual actions like voting on the National Defense Authorization Act.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!