UK Designer Fashion Market Projected to Witness a Steady Growth, Observes a New Research Study

Published on : Dec 28, 2017

Albany, New York, December 28, 2017: A new report based on designer fashion titled “DESIGNER FASHION - UK - NOVEMBER 2017” has recently been added into the repository of Market Research Hub (MRH) that focuses on the UK market of designer fashion. According to the report, the UK designer fashion market has been in a huge benefit due to increased inbound tourism. As overseas residents have started to travel to the UK all the way to shop for taking advantage of a weak Sterling, the UK designer fashion market has started to grow.

The insightful report provides its readers a market overview, an executive summary, issues and insights, market drivers, consumer attitudes,

The executive summary provides summarized content of the report including sales numbers such as total spending by tourists during 2007 - 2017, future financial confidence of consumer from Jan 2009 to Sep 2017 and who, what, where of designer fashion items purchased in the last 3 years, just to mention a few. In this section, the study also discusses companies & brands, digital advertising, brand ethics, market drivers, consumer’s shopping attitude and price sensitivity.

While discussing issues and insights of designer fashion in the UK, the study covers facts, implications, online fashion shoppers and opportunities. The report also shares its analysis in terms of the UK’s HNW population, inbound tourism as well as aging population that can impact the designer fashion market. The study identifies factors that are driving the UK’s designer fashion market and says that the continuous rise of HNWI in the UK and increase in inbound tourism are some of the factors that are driving the growth of the market. On the other hand, factors such as rising inflation work as restraint to the growth of the designer fashion market in the UK.

In this informatory report, the readers will find analysis by companies & brands and online purchase wherein the report analyzes share and growth by brand and company. The study provides insight to the consumer attitudes towards purchase and shares how, what, who the young people purchase for. According to the report, purchase of footwear & casual clothing grows, women are expected most likely to invest in designer bags. The analysis says that mostly young people purchase for gifting partner and parents.

The research methodology of the designer fashion market of the UK report is based on forecasts that focuses on global as well as regional trends. Overall, the report offers key insights that will shape the market during the assessment period.

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