Blog: Retailers escape budget blitz
Leonie Barrie | 18 March 2004
UK retailers can breathe a sigh of relief that there wasn't anything in yesterday's budget that's likely to impact on their businesses by taking money out of the economy. Although we're in a typically quiet period post-Christmas and pre-Easter just now, things should start to pick up as the Easter period approaches the pundits say.
But Paul Clarke, national director, Retail & Wholesale Sectors at Barclays, warns that price deflation probably can't continue for much longer. "Over the past 15 months we have seen a continuous weakening of the dollar. This has contributed substantially to the price deflation of goods that emanate from dollar based economies or those that price in dollars. If the dollar starts to stabilise or even strengthen we could begin to see substantial price pressures feeding through which are going to have to be absorbed by retailers (unlikely in the main) or passed on to consumers who have become used to ever cheaper prices."
Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...
With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...
Last week we marked the inauguration of Donald Trump as the 45th president of the United States by taking a closer look at what's at stake for the textile and apparel trade – especially his promises t...
Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...
- China leads US apparel sources with falling prices
- Hard hit Turkish industry is not knocked out
- Vietnam grows share of US apparel imports in 2016
- US apparel sector braces for potential cost hikes
- Trade Tracker – Trump's first weeks, Brexit agenda
- US Q4 in brief – Chico's FAS, TJX Companies
- Bangladesh crackdown has cost garment sector $100m
- Adidas and Burberry recognised for sustainability
- VF Corp sees Q4 and FY earnings tumble
- $136m funding for Made in NY garment-making hub
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Global market review of lingerie – forecasts to 2022
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar