!#8# Mode: A look at the fashion industry in the United Kingdom

!±8± Mode: A look at the fashion industry in the United Kingdom

The British high street fashion has an estimated value of £ 44.5 billion. In 1960 10% of household expenditure was spent on clothes and shoes. Today, thanks to lower prices, lower production costs abroad and a flood of imports from China, only 6% of household expenditure is for the storage of us in the past in style. Encouraging for the consumer, fell by an average of 2001-2005 clothing and footwear prices increased by 14.4%, while the cost of living has risen by 12.6%.

Discounting iswidespread in the competitive UK fashion market. Marks & Spencer remains the market leader in sales of high fashion, but faces tough competition from discount fashion specialists as Primark and TK Maxx. Increasingly affluent younger consumers, already exclusive high fashion brands as they are; Prada (Italy), Chloe (France), Hugo Boss (Germany), Burberry (UK) and Donna Karan (U.S.), to name a few.

The increase in cheap imports wiped out almost everything in the United KingdomProduction. In these days focusing on the production of fashionable clothing in the United Kingdom specialist or luxury products, especially for affluent consumers in other developed countries. A continuing trend in the fashion industry is the integration of manufacturers and retailers. The three best fashion retailers in the UK, Next, Marks & Spencer and Arcadia (Topshop, Dorothy Perkins, BHS, etc.), all the production companies and marketing their brands in fashion. The exceptions to this vertical integration on the roadTrendy, Nike, Adidas and Reebok, who prefer specialist retailers.

Finally, the British fashion market will continue to be sold by retailers as a producer with a polarization between discounters and full-price retailer. The full-price retailer to consumer demand for young fashion-house design, quality materials and unique style of "fast fashion", with items to be offered for a limited time, new styles are released first sold at a profit. The forecasts for 2010 areto rise for women, girls and small children's clothing market by 23% with a growth of 15.6% for men and boys of the fashion market.

Discover the range of handbags & fashion www.fashionshop.co.uk
of Fashionshop.co.uk