Home / Knowledge / News / Fashion / UK retailers will need 60K technical employees by 2020
UK retailers will need 60K technical employees by 2020
03
Oct '16
Courtesy: Fashion Retail Academy
Courtesy: Fashion Retail Academy
The UK fashion industry will require around 60,000 people in analytical, digital, technical, merchandising and supply chain management departments by 2020 due to the rise in digital shopping channels, says a recent report. Analytical roles are likely to grow by more than 50 per cent, while technical roles are expected to grow by 30 to 40 per cent.

Adoption of social media platforms to buy and engage with fashion is identified as one of the key drivers of this change, according to the report published by the Fashion Retail Academy (FRA) and OC&C Strategy Consultants. About 58 per cent of 18 to 24 year olds purchase clothing after seeing peers wearing an item on social media and 72 per cent report an appetite for shopping directly from social platforms.

The rise in the digital platforms is expected to lead UK retailers to spend 20 per cent of their overall marketing budget on social media in the next five years as opposed to 9 per cent as of now, says the report. Over a quarter of retailers in the UK believe that social media will significantly change their business model by 2020.

“Many retailers have already recognised current skills gaps within their organisation, with three quarters of retailers providing in-house training for experienced staff and management to plug these gaps. However, all of the retailers we spoke with believe that the skills required in these areas would be entirely new in five years’ time. In order to keep the UK at the forefront of the world’s fashion industry, retailers need to partner with educational institutions to develop bespoke training programmes which build the specific skills their employees need to learn,” said Michael Jary, Partner at OC&C Strategy Consultants and co-author of the report.

In spite of the high demand for skilled head office roles, over 57 per cent retailers in the UK are struggling to find the right people for these roles, revealing an urgent skills gap over the next five years. To address this challenge, FRA has announced a campaign called ‘Retail Reimagined’ to help retailers acquire the talent that they need. Some new courses will also be introduced by FRA to help the existing employees of the industry learn new skills.

“Technical, merchandising, digital and analytical roles, which are expected to grow significantly, are already areas where retailers struggle to recruit. Graduates and even GCSE and A-level students do not know about the exciting roles that retail increasingly offers and requires. One of the things we are doing to address that is launching ‘Retail Reimagined’, our industry-led careers campaign to ensure the FRA can help retailers acquire the talent they need to secure the future of the fashion industry in this country,” said Lee Lucas, principal, FRA.

However, the need to create competitive operations will result in a loss of over 160,000 roles across sales and shop floor support over the next ten years, predicts the report. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Top executives
Textile industry

It will take some time for the people to change their buying choices

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

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...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Adriano Goldschmied
AG Jeans

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

Mike Hoffman
Gildan Activewear SRL

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search