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Facts and Figures in the UK fashion industry - statistics about the fashion business in England - size of economic activities

Facts and Figures in the UK fashion industry - statistics about the fashion business in England - size of economic activities
Archive: Fashion industry statistics United Kingdom 14 February 2014 At a press conference to open London Fashion Week Natalie Massenet, Chairman of the British Fashion Council, announced updated figures showing substantial growth in the UK fashion industry over the past five years. - The direct value of the UK fashion industry to the UK economy is £26 billion; up from £21 billion in 2009. The Mayor of London Boris Johnson said: ‘These latest figures are clear evidence of the hugely important contribution that fashion makes to our economy. George Osborne, Chancellor of the Exchequer said: 'London is about to host one of the central events in the fashion calendar, but more importantly it is about to showcase the world class talent we have in our fashion industry. Sam Moore, COO, Oxford Economics, added “Our research underlines the continued and growing importance of the fashion industry’s contribution to the UK economy. In 2009 there were 293,510 retail outlets in the UK. Related:  pamlalUK Retail Marketmaryac93

Footwear Retailers in the UK Market Research | IBISWorld Industry Analysis & Industry Trends The Footwear Retailers industry has faced tough conditions over the past five years. Over the past decade, the industry has grappled with competition from external vendors, such as clothing retailers and department stores. Competition further intensified as supermarkets emerged as a major competitive threat. Intensifying competitive pressures were exacerbated by the economic downturn... purchase to read more Industry Report - Starting a New Business Chapter The Footwear Retailers industry has low barriers to entry. Once in the industry, new entrants face a number of barriers to success. Support for the creative economy (28th November 2012) Written Evidence submitted by the British Fashion Council [SCE 084] This submission is made on behalf of the British Fashion Council (BFC) by Caroline Rush (Chief Executive) and Simon Ward (Chief Operating Officer). The BFC welcomes the opportunity to respond to the Culture, Media and Sport Select Committee’s call for submissions relating to the support for the creative industries. Executive Summary · The UK fashion industry is advancing its economic position but requires continued government support in a number of key areas to fulfil the Chancellor’s ambition for the creative sector to become a "world leader". · The fashion industry is rightly perceived as dynamic, young and vibrant and hopeful. · Government needs to work with industry to find practical and vocational solutions to its approaching skills shortage to sustain its economic growth for the creative economy. 1.2 The role of the BFC is to nurture, support and promote British fashion talent at a designer level to a global market.

British retailers enjoy strongest sales growth since 2010 - Management UK retail sales recovered last month, after what was for many retailers a disappointing December, to reach the strongest growth rate recorded since March 2010, according to industry data published on Tuesday. The British Retail Consortium-KPMG retail sales monitor for January 2014 revealed that the total amount spend in stores the past month grew 5.4 percent against a 3 percent growth from the same period last year. British retail sales were up 3.9 percent on a like-for-like basis from January 2013, an improvement from 0.4 percent increase recorded in December. Retail sales growth for both a total and a like-for-like basis were the highest reported since April 2011, when the figures were boosted by the timing of Easter. However, ignoring the seasonal factor, the total retail sales growth was the highest recorded since March 2010 commented the BRC. Strong consumer demand drives up retail sales for January Mild weather also help boost non-food retail sales in January

Will the Online Fashion Resale Market Take a Flash Sales Nosedive? NEW YORK, United States — There’s been a digital explosion in the market for pre-owned fashion. In the past year, we’ve seen a veritable land grab in the online consignment and resale space with the number of “re-commerce” sites now exceeding 50 — and many more, no doubt, incubating in Silicon Valley, New York, London and beyond. Several market levels are being addressed: mall/high street (Threadflip, Tradesy), thrift (LikeTwice, NiftyThrifty), upmarket (TheRealReal), haute vintage (Byronesque) and boutique (ReFashioner, my own company). It may seem like these sites are dealing in a mere by-product of the fashion industry. Picture the slide in all those investor decks from 2011 to 2012, during which an estimated $172 million in venture money was poured into second-hand fashion extraction vehicles. But therein lies the rub. But there’s more. Remember, it wasn’t so long ago that shopping second-hand was contrarian. Back to that tidal wave. So how can such a massive task be achieved?

How Mango used Localisation and Internationalisation to Conquer High Street Global Fashion - Mango, the once small Barcelona fashion store, has gone global. In this article, Spanish translator and localisation expert, Tania Gonzalez Veiga, looks at how Mango used localisation and internationalisation to expand globally and become a high street name... Huge companies don’t just “play” with tangible goods, but want to be a living part of a culture. Mango is the second largest exporter of the Spanish textile-producing sector and has more than 2,415 shops on five continents, with 150 new shops opening each year. Having been hit by the economic and financial crisis, the market, and especially companies in the Spanish textile-producing sector, Mango was able to recover thanks to globalisation. Numbers from 2010 prove it: 81% of Mango’s turnover came from the international market, with 19% coming from Spain. - But how did the corporate group adjust its products to different markets? But first, let’s take a look at the beginning of the company: Method: from testing to introducing

public opinion :: Complex influences -- Encyclopedia Britannica Because psychological makeup, personal circumstances, and external influences all play a role in the formation of each person’s opinions, it is difficult to predict how public opinion on an issue will take shape. The same is true with regard to changes in public opinion. Some public opinions can be explained by specific events and circumstances, but in other cases the causes are more elusive. (Some opinions, however, are predictable: the public’s opinions about other countries, for example, seem to depend largely on the state of relations between the governments involved. People presumably change their own attitudes when they no longer seem to correspond with prevailing circumstances and, hence, fail to serve as guides to action. Some changes in public opinion have been difficult for experts to explain.

Retail Forecast for 2018 - Centre for Retail Research, Nottingham UK Retail in 2018 - Shop numbers, Online and the High Street The Centre for Retail Research published its analysis of how UK retailing will have changed by 2018 on 28 May 2013, entitled Retail Futures 2018 forecasts that by 2018: Total store numbers will fall by 22%, from 281,930 today to 220,000 in 2018. Job losses could be around 316,000 compared to today The share of online retail sales will rise from 12.7% (2012) to 21.5% by 2018 or the end of the decade. There will be a further 164 major or medium-sized companies going into administration, involving the loss of 22,600 stores and 140,000 employees. UK retailing has the highest proportion of online retail sales, so what happens here is being closed watched by foreign observers as Britain becomes a test bed for retail innovation. Key catalysts for the looming retail crisis: Consumer spending has increase by 12% since 2006 outstripped by retail operating costs (including rates) which have risen by 20%. UK is facing a crisis. Store Closures

The changing face of fashion retail | Analysis 13 June, 2012 | By Rebecca Thomson Fashion has come a long way in 20 years, as the rise of online and Asian manufacturing drove significant change. Rebecca Thomson charts the trends that have changed the sector. Subscribe to Retail Week to read this article, 40,000 others like it, and access unique tools and resources designed for retail professionals who want to excel. Get expert retail news and analysisOur industry experts use their unparalleled access to retail leaders to bring you the news and data that matters most. Plus frequent contributions from leading industry figures. Get the most from Retail Week by choosing the package that best suits you Choose your package Buying more than 1 subscription? Subscribe for less than £1 a day and get immediate online access. Choose your package Corporate buyer? Find out more

Content and Social Media Ideas for the Vintage Fashion Industry | Online PR UK I have a friend who runs a vintage fashion label. My Vintage Affair. She also runs fairs across London. There are of course (and here comes the plug) more ideas in my book “One Giant Leap Into Social Media Marketing” which is available online. So, Whether you are an online retailer a real life retailer or a brand that needs a kick up the backside, also, assuming your logo, page design and database are up to scratch; here are a few pointers to get your online presence rocking: 1. 2.Take pictures of your stock and instead of just posting them up on your blog, Facebook etc. 3. 4. 5. 6. 7. 8. 9.Write a book! Keep an eye on: My Vintage Affair Pop Up Vintage Fairs Butterfly Girl Vintage Hope these give you some inspiration!

River Island Clothing Co. Limited: Private Company Information - Businessweek River Island Clothing Co. Limited operates and franchises a chain of apparel stores. It offers clothing, dresses, tops, T-shirts/vests/sweats, coats/jackets, leather/leather look jackets, capes/kimonos, blazers, knitwear, jeans, skirts, trousers, shorts, leggings, coordinates/matching sets, playsuits/jumpsuits, swimwear/beachwear, and lingerie/nightwear; and shoes/boots, bags/purses, accessories, jewelers, watches, sunglasses, gifts, beauty products, and socks for women and girls. River Island Clothing Co. Chelsea House Westgate London, W5 1DR United Kingdom Founded in 1948 British women spent a staggering £3.5 billion on shoes in 2012... but two thirds never leave the closet The average women owns 19 pairs of shoes but wears just seven One in 20 said they owned more than 50 pairs of high heelsChristian Louboutin was the most coveted shoe designer By Ruth Styles Published: 16:09 GMT, 21 February 2013 | Updated: 16:28 GMT, 21 February 2013 Whether it's Manolo Blahnik, Kurt Geiger or even New Look, no one could ever doubt that women love to splash the cash on a new pair of heels. However, the UK's shoe addiction doesn't come cheap, with British footwear fans spending a whopping £3.5 billion on shoes last year. But despite spending vast amounts on new shoes, two thirds never see the light of day, languishing unworn at the back of the wardrobe. A nation of footwear fans: British women spent £3.5 billion on new shoes last year Luxury: Designer shoes such as these Louboutins are fuelling British women's passion for high heels The survey, which was commissioned by the Diamond insurance company, found that the average woman owns 19 pairs of shoes, but only wears seven.

British Fashion Council At a press conference to open London Fashion Week Natalie Massenet, Chairman of the British Fashion Council, announced updated figures showing substantial growth in the UK fashion industry over the past five years. The direct value of the UK fashion industry to the UK economy is £26 billion; up from £21 billion in 2009. Showing an increase of 22% in nominal terms (source: Oxford Economics 2014) The UK fashion industry is estimated to support 797,000 jobs (source: Oxford Economics 2014). This is a decrease of 2.3% from 2009 Whilst employment figures have dropped overall the increased contribution to UK GVA reflects higher productivity within the fashion sector. The British Fashion Council is committed to supporting growth in the sector which it hopes will lead to more employment opportunities Fashion’s total contribution to the economy via both indirect support for supply chain industries and induced spending of employee’s wage income is estimated to have risen to over £46 billion.

apparel textiles clothing market research - Apparel, Textiles, Clothing and Fashions Industry Market Research - Instant access to apparel, textiles and fashions market research, business analysis, industry trends, statistics, forecasts, revenues, market s Introduction to the Apparel & Textiles Industry While Asia, particularly China, has enjoyed a dominant position in shoes, apparel and household textiles manufacturing for several years, makers of these items located in developed nations such as the U.S. and Canada have suffered a long period of decline. For example, over 98% of the shoes sold in America each year are imports, and the majority of these imports come from Asia. To consumers in Europe and North America, this growing reliance on Asia as a low-cost producer has meant very low retail prices for goods of reasonable quality. However, recent increases in the value of the Chinese currency, combined with rapidly rising labor costs, have put Chinese manufacturers in a much less competitive position. While China continues to have a robust apparel manufacturing industry, it is moving up the industrial chain by fostering manufacturing that requires greater skills, better technology and more investment in advanced equipment. View More

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