Premium high-street retailers, such as Reiss and Karen Millen, are set to flourish in the coming years, despite the pressure on consumer spending, according to a new report by Barclays.
The report also revealed that, value retailers, such as Penneys, will struggle to continue offering value fashion as commodity prices rise and wages in China are pushed up.
Fashion chain Next announced in recent days that its prices would be pushed upwards due to the...
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