June 2011 management briefing: The changing face of clothing retail
As the economic recovery accelerates, global clothing retail trends are showing great diversity. From eco-friendly fashions to online opportunities and emerging BRICM markets, this management briefing from just-style looks at where the smart money will be heading next.
For some it was a total disaster, for others a bump in the road, but the recession left no part of the clothing and textile retail sector unscathed. But now, as the economic recovery accelerates, global clothing retail trends are showing great diversity.
Clothing and accessory consumers are fickle at the best of times, and trying to nail down their desires in the growing eco-fashion niche is proving especially difficult as the industry moves toward environmental responsibility.
The BRICM countries (Brazil, Russia, India, China and Mexico) have long been regarded as sources of cheap quality fabrics and clothes. But as they grow wealthier they are increasingly being regarded as vital international export markets too.
How the recession has impacted consumer shopping habits in the US, e-commerce drivers, the use of social media, key figures of the EU textile and clothing industry, Hong Kong retail sales, and Australian consumer spending confidence are among the data included here.
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- China leads US apparel sources with falling prices
- Vietnam grows share of US apparel imports in 2016
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- Bangladesh crackdown has cost garment sector $100m
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- JC Penney to close 140 stores amid lower sales
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