242
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Manukau
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Dunedin
Permanent · DUNEDIN
ESSILORLUXOTTICA GROUP
Retail Associate | Opsm Rangiora Eyecare
Permanent · CANTERBURY
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
LOVISA
Store Manager | nz | Palmerston North
Permanent · PALMERSTON NORTH
LOVISA
Store Manager | nz | Chartwell
Permanent · HAMILTON
Published
Jan 1, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Tough year ahead for UK retail says think tank

Published
Jan 1, 2018

The best the UK retail sector can expect from 2018 is a flat performance as consumer disposable incomes will continue to be squeezed by low wage growth and rising inflation. 


A tough year could mean more store closures



That means shoppers will have to make choices about where to spend their money and it’s likely to see necessities like food and drink taking priority over non-essentials such as fashion.

That’s the conclusion of a new KPMG/Ipsos Retail Think Tank (RTT) report. It said that growth will “flatline” this year and that as well as consumer caution, “continued headwinds in the form of geopolitical and macroeconomic obstacles, an increased number of regulatory compliance issues and ongoing structural change within the industry” will all make an impact.

But the think tank members think the year could definitely be one of two halves with the weak environment in the first half offset as real incomes improve later in the year.

Yet even if the situation improves, they’re still predicting “increased levels of defensive consolidation and creative collaboration – as well as the inevitable fallout of casualties – the likely outcome in the ongoing fight to survive.” In short, that means more store closures, business failures and mergers/buyouts as brands look for survival options.

The think tank said the Brexit negations, which should advance during the year, will have a major influence on the retail economy with any moves towards a ‘hard’ Brexit likely to cause a market contraction while a softer Brexit would allow the sector to grow slightly.

Tim Denison, the think tank’s co-chairman said 2017 was a tough year and that in 2018 retailers will be working hard to “reinvent the ways in which they deliver that all-important customer experience” in the battle for consumer attention.

Copyright © 2024 FashionNetwork.com All rights reserved.