Producer prices continue their steady rise in March

Producer prices rose slightly in March 2016 as leather and leather product manufacturers saw their material and fuel prices rise 0.6%, wearing apparel rise slightly by 0.2% and textile producers material and fuel costs remain flat. Figure 1: Producer Price Index (2010=100)Source: Office for National Statistics The figures are interesting in that whilst wider manufacturing … More Producer prices continue their steady rise in March

Mixed messages for fashion and textiles manufacturers in February

Following a good start to the new year with strong figures reported in January, the latest monthly figures released by the Office for National Statistics on Friday reported a fall in overall UK manufacuring output falling by 1.1% during February 2016.  At the same time, the trade deficit also widened with a 1.3% fall in … More Mixed messages for fashion and textiles manufacturers in February

Fashion and textiles manufacturing investment falls in 2015

After a strong start to 2015, the latest figures from the Office for National Statistics show business investment by fashion and textiles businesses fell substantially in the final half of the year as the annual of £193m was the lowest since 2010 and the fifth successive year of decline although investment levels remain higher than … More Fashion and textiles manufacturing investment falls in 2015

Consumer spending on clothing and footwear powers ahead in 2015

Today’s Office for National Statistics publication of the annual consumer spending figures highlights another increase in consumer spending on clothing and footwear during 2015.  The value of consumer spend now stands at £65.9bn using the chained value measure and £66.1bn using the current price indicator. For both measures this represents a five per cent increase … More Consumer spending on clothing and footwear powers ahead in 2015

Fashion retail sales falls in February although online enjoys good growth

Clothing and footwear sales through specalist clothing and footwear stores fell slightly by 0.6% in February 2016 to stand at its lowest level since October 2014, although this leaves the index still 7% higher than in 2012. However, the latest figures show internet sales continued at a pace with the index showing a 1.2% rise … More Fashion retail sales falls in February although online enjoys good growth

Clothing and Footwear consumer prices rise 1.6% in February 2016

February 2016 saw consumer prices for clothing and footwear rise 1.6% on January’s figure.  However, prices as still below levels in 2015 where prices spiked 3% higher in October and November than the annual average. Figure 1: Consumer Price Index for Clothing and Footwear (CPI detailed indices 2015 =100) Source: Office for National Statistics Looking … More Clothing and Footwear consumer prices rise 1.6% in February 2016

Exporting to the BRICS: A review of fashion and textiles market performance in 2015

BRICS (Brazil, Russia, India, China and since 2010 South Africa) is the collective name coined for the five major emerging economies of the world.  With impressive growth rates and a growing middle class, these economies have represented major opportunities for UK fashion and textiles firms and brands looking for new markets in recent years. However … More Exporting to the BRICS: A review of fashion and textiles market performance in 2015

Fashion and textiles manufacturing enjoys productivity gains in January

Fashion and textiles manufacturing saw a small rise in output in January 2015, rising two points on the Index of Productivity to stand at 90.9 compared to a base position of 100 in 2012.  This represents the sectors first rise in two months and represents a better position than what was seen in the previous … More Fashion and textiles manufacturing enjoys productivity gains in January

Asian and North America markets fire up UK fashion and textiles exports in 2015

As we have seen, 2015 saw fashion and textiles exports from the UK reach over £10bn in value for the first time. However, as we have seen with products, the picture is also mixed amongst global regions that all point to different trajectories of growth. The European market remains the largest for UK exporters, with … More Asian and North America markets fire up UK fashion and textiles exports in 2015