Tag : economics
Retail employment continues to fallSubscription
The total number of retail employees in the UK fell by 2.3% – equivalent to 72,000 jobs – in the second quarter of 2019, compared with 2018.
Interest rate ‘threat’ for struggling retailersSubscription
An increase in interest rates this year may threaten up to 400 high street retailers, it has been reported.
September fashion sales defy retail declineSubscription
Clothing sales edged up by 0.9% in September compared with August as retail sales suffered a 0.8% dip, figures from the Office for National Statistics (ONS).
Receptive partners are essential in tackling new global markets Antonis Kyprianou, group franchise manager at Grupo Cortefiel, told delegates at Drapers’ Fashion Forum today.
Shop prices are on the verge of increasing, the British Retail Consortium has said.
High street retailers across the UK are offering deep mid-season discounts for a second year running in anticipation of another difficult Christmas trading season.
John Lewis fashion sales dipSubscription
Fashion sales at John Lewis were down 1.8% last week compared to the same period last year.
Hard Brexit to cost UK manufacturers £17bnSubscription
Manufacturers throughout the UK will be hit by a £17bn fall in revenue following a hard Brexit, a new report has found.
Five retail lessons from the financial crisisSubscription
Ten years on, Drapers reflects on the impact the global financial crisis had on fashion retail and how it reshaped the sector.
Consumer spending continues to fall in JulySubscription
Consumer spending in the UK fell by 0.8% in July, marking the third consecutive month of decline, with clothing and footwear sales hit particularly hard.