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: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

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

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search