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Fashion

Home shopping to account for 30% of retail sales

The home shopping market could account for a third of all retail sales in the UK, with the Internet accounting for around 30% alone according to a new report. The UK home shopping market was valued at an estimated £58.34bn in 2007, or more than double the £28.02bn spent in 2003. However, the figures mask the widely diverging fortunes of...

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Fashion

Suppliers Squeezed By New Managements

Arcadia, Debenhams and GUS Home Shopping amongst others, have all demanded extra discounts from their suppliers after takeovers by private investors. Changing business terms, especially demanding a retrospective discount, has become a standard way of wringing extra cash out of a retail acquisition. But Debenhams is also making demands of...

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