Young fashion retailers are on the prowl for smarter product for autumn 07 as they gear up to hit the trade shows.
Most young fashion multiples and independents quizzed by Drapers said they are ready to move away from casual trends towards more formal product, such as slim-fit cardigans and dark denim.
Jay Montessori, buying director of Chester-based independent Tessuti, said: "We feel we missed out a lot on the smarter trends for 2006, which were prime, so we will be looking for that this time. We will be looking for dressing up product for autumn."
Bank assistant buyer Dan Palmer added that he predicted formal trends would continue for autumn.
Budgets are set to be mixed across the board, with young fashion multiple Blue Inc spending 5% more this season against last year and Aberdeen-based young fashion indie Attic also upping its budget. However, Montessori said Tessuti's buying budget will be the same as last year: "We will be buying tightly to avoid overstocks."