Wall Street woes
Last week, an unprecedented series of events in the US financial sector shook global markets, leaving retailers and brands anxious that already tough trading conditions could worsen still. Joe Ayling reports on how the Wall Street meltdown dealt a further blow to fashion operators and could mean that international expansion is the best short-term fix.
In the money: Wall Street crash knocks retail confidence
25 September 2008
Last week, an unprecedented series of events in the US financial sector shook global markets, leaving retailers and brands anxious that already tough trading conditions could worsen still. Joe Ayling reports on how the Wall Street meltdown dealt a further blow to fashion operators and could mean that international expansion is the best short-term fix.
US: NRF forecasts bleak holiday season for retailers
24 September 2008
The National Retail Federation today has predicted that US retail sales in the upcoming 2008 holiday season will rise just 2.2%, hit partly by the recent banking turmoil.
It's grim out there
19 September 2008
With financial markets facing their worst crisis since the 1920s, and the global meltdown unfurling by the day, the question many are asking is whether or not it can get any worse? For retailers un...
Upturns after a downturn
11 September 2008
Downturns are tough on retailers, as any glance at the monthly sales round-ups published on just-style recently show. But what happens...
A gloomy August for US retailers
5 September 2008
The US retail roundup for August is plagued with same-store sales declines at fashion chains, showing that consumer appetite for discretionary items is still somewhat stifled by economic woes in th...
ANALYSIS: Can clothing suppliers rally against current crises?
3 June 2008
From the credit crunch in the West, to rising raw material and fuel costs, and even strikes caused by the soaring price of food, the apparel industry is being ravaged by a series of catastrophes beyond its control. Mike Flanagan looks at a tale of four crises – and asks why no-one had foreseen any of them.
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