Uk Clothes Industry Article

Current trends and long term opportunities for the UK Apparel Industry THE POWER TO HELP YOU DO WELL

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Articles

Introduction by simply Richard Lowe Demand adjustments Social category The supply aspect The future Accomplishment strategies Realization

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Introduction

Vogue is growing up, and as the standard British shopper becomes elderly, fiscal belt-tightening and regal trends control the shopper for the premium end of the clothing market. This report offers an analysis with the ever-changing clothing sector. That reviews the shift in mindset to premium end retailers and sets it alongside the apparently contrary rise in the significance market, offering ten important trends that all clothing merchants can use to help with tactical planning. customers shopping with benefit players recieve more than bending during the past 10 years. Today 57 % of consumers regularly employ value stores, with nearly half of these kinds of coming from the affluent ABC1 demographic*. The research quotes that this part of the marketplace will expand from ВЈ9. 9bn to ВЈ12bn (around 21%) through the next 3 years The premium market can get to enjoy the strongest progress rate over the next three years. By 2014 the high quality segment is usually expected to always be worth around ВЈ8. 6th billion, a growth of ВЈ1. 9 billion (29 %) from today's estimated benefit of ВЈ6. 7 billion*. Consumers need quality and also value, and are also happy to transact up to purchase...

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