Home / Knowledge / News / Apparel/Garments / Retail sales of textile & garment products drops drastically
Retail sales of textile & garment products drops drastically
26
Jul '08
The demand for non essentials products like fashionable garments, carpets, footwear and furniture has dropped drastically in Scotland this year. The shopkeepers are going through dull phase as there is recession in the market, resulting in the sharpest drop in sales of retail in past 20 years.

The sale volume fell by 3.9 percent in June when compared to May with basic growth witnessing a two year low of 2.2 percent. The shops selling items related to clothing, footwear and textile were most affected as sales dipped by 6.9 percent.

Going by the statistics recently released by Office for National Statistics (ONS), month-on-month sales dropped in June, which has been the largest since 1986.

Experts related to retail sector are of the opinion that economic slowdown in the country has forced the customers to cut down on the purchase of expensive items like high end clothing, home furnishing and other lavish products, so as to spend on basic necessities.

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search