×
2 714
Fashion Jobs
VF INTERNATIONAL
Lead Warehouse Project Manager
Permanent · COALVILLE
JOHN LEWIS
Team Manager – Operations
Permanent · LEEDS
BEGG X CO
Sales Supervisor And Associate
Permanent · LONDON
BOOHOO GROUP
Warehouse Team Manager - pm Shift
Permanent · WELLINGBOROUGH
JOHN LEWIS
Section Manager Warehouse
Permanent · WEYBRIDGE
HARRODS
Supply Planning Assistant Manager
Permanent · THATCHAM
BOOHOO GROUP
Senior Operations Manager
Permanent · BURNLEY
MULBERRY
Commercial Finance Analyst
Permanent · LONDON
SELFRIDGES
Assistant Events Manager (Exchange Square)
Permanent · MANCHESTER
VF INTERNATIONAL
Lead Warehouse Project Manager
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Operations Manager
Permanent · COALVILLE
ESTEE LAUDER
le Labo - Fragrance Specialist - le Labo, Edinburgh - 40 Hrs/Week - Full Time, Permanent
Permanent · Édimbourg
HEAD OFFICE
Buyer, Apple
Permanent · LONDON
HEAD OFFICE
Buyer – Nursery & Baby
Permanent · LONDON
HARRODS
Buyers Clerk - Furniture And Bed & Bath
Permanent · LONDON
HARRODS
Senior Buyers Clerk - Fine Watches & Jewellery, Homeware & Furniture
Permanent · LONDON
VF INTERNATIONAL
Credit Controller - Italian Speaking
Permanent · CALVERTON
VF INTERNATIONAL
Credit Controller
Permanent · CALVERTON
BOOHOO GROUP
Site Operations Manager
Permanent · BURNLEY
SHISEIDO
Shiseido Assistant Business Manager - Harrods (37.5 Hours)
Permanent · London
BOOHOO GROUP
Senior Site Operations Manager
Permanent · BURNLEY
HARRODS
Food Supply Coordinator
Permanent · LONDON
Published
Nov 14, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

UK value clothing market to be worth £14.1bn this year

Published
Nov 14, 2019

Driven by low consumer confidence and economic uncertainty, the UK value clothing market is expected to outperform the wider UK clothing market over the next five years, according to a new report.


Primark


The rise of trend-led fast growing brands like Primark, Pep&Co and Boohoo is contributing to shoppers' appetite to trade down, said data analytics and consulting firm GlobalData, based on a survey of 10,000 UK consumers and a panel of 5,000 clothing shoppers.

The value clothing market is forecast to reach £14.1 billion this year, and the menswear subsector will grow by a staggering 12.1% by 2024.

But as some brands thrive, some have experienced serious decline. Looking back at the last five years, New Look has been the biggest loser within the value clothing market, losing 2.6 percentage points of share due to its loss of relevance and growing competition in the youth segment.

Overall, clothing specialists are experiencing a boom, with the report forecasting an increase of 1.6 percentage points over the next five years thanks to strong performance from PrettyLittleThing, Boohoo.com and Primark.

Online value retailers in particular will benefit from a strong 37% surge over the next five years, the report said.

And when it comes to fulfilment methods, value shoppers continue to favour home delivery thanks to delivery saver schemes such as Asos Premier and Amazon Prime, however click & collect is growing in appeal, with 41% of shoppers using this option in the past year.

Copyright © 2022 FashionNetwork.com All rights reserved.