Home / Knowledge / News / Apparel/Garments / Bumpy ride predicted for retailers in 2011
Bumpy ride predicted for retailers in 2011
May '11
For the much harassed UK retail sector during the past two years of recession, this would be the unkindest cut. Present state of competition has kept retailers on their toes. Adding to their woes, current trends indicate a forthcoming retail recession

UK's retail industry is going through a tough phase, predicting a bumpy ride for retailers during 2011 and 2012. A recent research report released by Nielsen states that the larger and mature markets of UK and US saw a year-on-year decline, adding more pressure to a already shrinking consumer confidence.

Earlier consumers were excited when they got branded items for cheap prices. Now, apart from the price factor, they are also concerned about the quality aspects, and the shopping experience. They now tend to choose quality over quantity. This change in the shopping attitudes will affect stores running mainly on discounts throughout the year.

Industry analysts predict this situation is likely to persist for a couple years. With apprehensions that, growth is likely to be difficult, retailers are seeking diversifying options. Womenswear retailers are looking for options in related sectors of health, and beauty. The forthcoming Olympics in London in 2012 have raised rosy hopes for retailers.

Click here to read the complete article.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: The White House

Textiles | On 21st May 2018

China, US put trade war on hold

Following weeks of uncertainty over imposition and counter-imposition ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

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...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Igor Chapurin

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

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

news category

Related Categories:

Advanced Search