How will the downturn affect UK value clothing retailers?
The £8.8bn value clothing market has been the engine of the UK clothing market over the past decade, but growth has slowed significantly over the past two years and there have been several casualties among the smaller operators as costs rise and debt levels become unsustainable. Profitability and like-for-like sales growth have declined, and even the market leaders are finding times more challenging. The era of price deflation and high volume sales has come to an end and consumers are tiring of high consumption. UK Value Clothing Retailers 2008 is a new report published by Verdict Research providing in-depth insight into emerging trends in the value clothing sector and examining the key issues retailers face as the sector matures. The report includes detailed analysis of the key players, a study of recent casualties, market value, retailer shares and dynamics. Benchmark the performance of the UK Value Clothing market and understand the key issues and drivers of the market and the strat