UK Womenswear Clothing Market Analysys and Predictions

UK womenswear clothing market analysis and predictions Name Institution

Retailers in the Fashion industry do face so many challenges Challenges keep on increasing as the years move by . Challenges faced in 2010 are not the same as the ones of prior years . Some of the challenges they face do come from the customers or from the market itself through competition

The challenges facing the retailers of the fashion industry in general do impact negatively on this sector as the profits the main aim of being in business does decline . The cost

of many products in the markets has really gone up , the consumer spending levels and habits have also gone down as a result of the prices shooting up , currency fluctuations also does impact negatively in the retail sector because in many cases the impact of the depreciation of the currency is always passed to the consumer and in turn the consumer does keep off purchasing goods (the spending habits of the consumer change ) and once the consumer spending habits go down , then the retail industry is bound to suffer as the sales do go down

Price deflation is also having a negative impact on the retail sector . The fall in prices which is being driven by oversees sourcing (cheap imports ) has seen to a drop of prices in the fashion industry Cheap clothes especially from china and other Asian countries do force the prices down . The retailers who specialise in selling the internally manufactured clothes face a go-slow on...