Industry Analysis & Industry Trends
The British economy has struggled over the past five years as the onset of the financial crisis severely affected consumer and business confidence as financial markets became turbulent. The retail sector struggled as a result, particularly as conditions were exacerbated by tumultuous conditions across the eurozone. The British retail sector struggled as a result, however, the Online Women's Clothing Sales industry grew rapidly as online shopping became increasingly popular with consumers. There has been significant increase in the adoption of information technology over the past five years and this has translated into consumers turning to online shopping to purchase clothing... purchase to read more
Industry Report - Industry Products Chapter
The industry's products are broadly segmented by category, although subcategories include maternity, plus size, petite and eveningwear items, which are growing in popularity.
Over the past five years to 2012-13, IBISWorld estimates outwear experienced considerable growth due to extreme weather conditions in the United Kingdom. The country is typically cold, indicating higher demand for parkas and jumpers. Moreover, these items tend to be more expensive than other clothing items, such as T-shirts. Although the UK economy was characterised by recessionary conditions over the past five years, the need for appropriate and warm outwear likely resulted in higher sales for the product segment... purchase to read more