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

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao

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


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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