With the environment becoming a greater concern, particularly for young consumers, electrical retailers must do more to offer sustainable solutions.
With the UK now on lockdown for at least the next three weeks, and social distancing measures expected to continue for months, consumers have little reason to purchase new fashion items. As a result, UK clothing & footwear spend is forecast to decline by at least a fifth in 2020, as the sector takes the most severe hit from the coronavirus pandemic.
Fast-fashion retailer H&M Group has revealed plans to temporarily lay off tens of thousands of workers worldwide as the coronavirus (Covid-19) affects business.
Far East Asia has been experiencing the Covid-19 outbreak ahead of Europe – observing the regional challenges, such as Japan cases, can help identify what comes next or where to move on.