Pre-war US apparel inflation figures are "dire" and could get worse

As the US Consumer Price Index reveals the February inflation figures, apparel industry consultant Robert Antoshak tells Just Style exclusively the industry is in for a bumpy ride as the apparel story for February was dire and could get worse when the March figures take the Ukraine war into account.

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What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:

Why has global inflation returned with a vengeance?
What is the current inflation situation in the UK?
What impact is inflation having on UK retail sales?
What tactics are businesses relying on to tackle the effects of high inflation?
How are consumers changing their behaviors to cope with the higher cost of living?
Which industry sectors are most vulnerable to reduced consumer demand?
How is the government responding to high inflation?
How long will high inflation last in the UK?
How can your company survive and thrive in a high inflation environment?

Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.

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Free Whitepaper

What is the impact of historically high inflation on the UK consumer landscape?

Why has global inflation returned with a vengeance?
What is the current inflation situation in the UK?
What impact is inflation having on UK retail sales?
What tactics are businesses relying on to tackle the effects of high inflation?
How are consumers changing their behaviors to cope with the higher cost of living?
Which industry sectors are most vulnerable to reduced consumer demand?
How is the government responding to high inflation?
How long will high inflation last in the UK?
How can your company survive and thrive in a high inflation environment?

Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.

By GD50 Custom

By downloading this case study, you acknowledge that GlobalData may share your information with GD50 Custom and that your personal data will be used as described in their Privacy Policy

Laura Husband

Laura Husband is Just Style's managing editor and she is always eager to hear what Just Style's readers would like to see on the site. She has written and edited publications for both print and online for over a decade ranging from the professional hair and beauty industries to pharmacy and mental health.