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: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Textiles | On 26th Apr 2017

Shima Seiki releases Shima KnitPLM software

Shima Seiki Mfg., leading Japanese computerised flat knitting machine ...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Anshul Sood

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

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

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

Igor Chapurin

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

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

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

April 2017

April 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