price news and archive

Sale and special offers: a closer look at the discounting practices in the fashion industry

Discounting has become somewhat of the norm in the fashion industry today, with clearance culture emerging as the solution to excess stock for many retailers and brands. But could this practice be doing more harm than good? This background piece looks at sale and discounting practices. Contents • In fact, there’s not always a sale on • What...

Background

The hidden costs of our purchases: True Pricing and the road to fairer price

You go to the store for a carton of milk or, if we focus on our industry, a new item of clothing. You pay the market or retail price based on what it costs to produce and sell that item. But did you know that you don't always pay the "true price"? Manufacturers and companies don't usually pass on all the costs to the end consumer. Just think...

Background

This is how a fashion brand's collection is created

What is involved in the development of a fashion collection exactly? FashionUnited has covered everything, from the design and production process to the journey your garment makes from the drawing board to the shop shelf, in this background article. We will start at the beginning, with an explanation of what a fashion collection actually is,...

BusinessFeatured

Karen Millen to hike prices by 5 percent following weakened pound

London - It seems as if consumers fears concerning increased prices for fashion goods as coming true as Karen Millen is one of the first British fashion retailers to raise their prices in response to currency fluctuations. The premium womenswear retailer is set to increase its prices by 5 percent this autumn following growing costs linked to the...

Fashion

How Warehouse is reinventing itself to survive the high streets

The UK’s high street was severely shaken up last week when department store group BHS and clothing retailer Austin Reed entered into administration days after each other. In order to survive the challenging retail climate, fashion retailers must be able to adapt to the changes taking place. One fashion brand who has been busy reinventing itself...