About this document
UK Economic Recovery and Apparel Impact by Paranthaman Ramu is a document available to read on EtoBox.
The document discusses the impact of the UK economic recession on the apparel industry. It notes that after the decline of the international banking system and lack of consumer confidence, the UK GDP fell 6% in 2009 with no growth projected until 2010. This led to decreased consumer purchasing of apparel, increased retailer inventory, and retailers reducing prices through discounts. Additionally, the recession decreased the value of the pound against currencies of key apparel exporting nations like India an
- Author
- Paranthaman Ramu
- Language
- EN