
UK clothing spend to plummet as consumers feel the pinch of rising inflation
UK inflation hit a 40-year high this morning (18 May) at 9%, with experts warning clothing retailers will see demand…
ByInflation?s back, and for retailers with slowing sales it couldn?t have chosen a worse time to rear its head. Rising costs are hitting practically all apparel suppliers, and buyers will need to start adjusting their strategies if they?re going to find better value, believes Mike Flanagan.
UK inflation hit a 40-year high this morning (18 May) at 9%, with experts warning clothing retailers will see demand…
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