Home / Knowledge / News / Apparel/Garments / Robust sales fail to cheer Ireland apparel retailers
Robust sales fail to cheer Ireland apparel retailers
28
Dec '11
Apparel retailers in Ireland have witnessed strong sales in December, but they say these may not be able to stop many retail shops from closing down in 2012.

Retail Excellence Ireland, which represents thousands of retailers, has warned of many retailers going out of business in the New Year in spite of good sales during Christmas.

Retail experts predict that winter sales this season in Ireland will be one of the busiest seen in recent period as retailers are offering higher than normal discount to attract and convince shoppers to spend more money.

In fact, good weather contributed to increased sales at some of the deep discounting stores, as it induced people to go to these stores and get exceptional value for their money.

However, experts say, this would not make much difference to some retailers who are already going through a difficult phase. They add that at the most it would postpone their closure by a few weeks.

The retailers in Ireland are facing an uphill task due to weak consumer sentiment, oversupply of some stocks and absence of any Governmental support during the pre-Christmas period.

Compared to sales in December 2010, this year the sales would be definitely higher, experts say, but they argue that it would be weak comparison as the sales were down last December.

Rather, they opine, 2009 would stand to be a better comparison and on that ground, sales are likely to be slightly less in 2011.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search