03/28/2008 02:45 am ET Updated May 25, 2011

Drop In Women's Clothing Sales Ominous Sign For Retailers

Sales of women's clothing, a traditional pillar of the holiday shopping season, are unusually bleak so far this year, according to a major credit card company, an ominous sign for the retail industry.

From high-end dresses to bargain coats, spending on women's apparel dropped nearly 6 percent during the first half of the Christmas season, compared with the same period last year, according to MasterCard Advisors, a division of the credit card company.

Read more on New York Times