2018 to be yet another dismal year for fashion retailers despite forecast growth in online sales, says GlobalData
Clothing & footwear volumes declined 0.8% * in 2017 and will not grow again until 2019, says leading data and analytics company GlobalData. Increased manufacturing and import costs, stemming from the prolonged weakness of the pound, led to a sharp 2.4% * hike in inflation last year which proved a hindrance to volume growth as …
