fashion retailers news and archive

Fashion retailers who struggled to stay afloat in 2017

London - 2017 was not an easy year for most businesses - especially not for UK retailers. Economical and political uncertainty following the Brexit vote put even more pressure on consumer spending habits and retailers who were unable to execute a winning strategy found themselves in hot water. 42 major retailers went bust over the course of...

FeaturedMember

Business

Overview: Fashion retailers who went bust in 2016

London - 2016 was not the easiest year for most, but especially not for UK retailers. Those who were unable to keep up with the shift in consumers shopping habits, preferences and styles found themselves struggling to keep their doors open on the high street. 30 major retailers collapsed last year - 20 percent more than in 2015 - according to...

Featured

Retail

What are fashion retailers doing to attract more customers?

This year, we’ve seen a number of major fashion retailers close their doors because of sales declines and shrinking margins. Among them were the value shoe retailer, Brantano; young fashion retailer, Blue Inc; and of course, BHS, which has been on the UK’s high street since 1928. According to the British Retail Consortium’s Footfall and...

Member

Business

Clothing sales help boost January sales

Apparel and footwear sales helped boost UK retail sales in January as the cold snap during the first two week of the year drove consumers to the New Year sales. Overall, UK retail sales increased 2.6 percent on a like for like basis from the same period a year ago, according to the British Retail Consortium and KPMG Retail Sales Monitor. UK...