Monday, Sep 20, 2010

More fuel for inflation?

Yahoo: Fashion chains far from cheerful about future of cheap chic

It was a sign of the times: fashion so cheap it became "disposable" as globalisation brought containerloads of low-cost clothes to the UK. But the days of the £4 jeans and £2 T-shirt could be numbered, with analysts and retailers now warning that the era of constantly reducing prices is coming to an end.

Posted by mr g @ 07:46 PM (533 views) Add Comment

4 Comments

1. Crunchy said...

When beans and jeans became a better investment than inverted enslavement units.

Who could have guessed. :) http://www.youtube.com/watch?v=M596sethRoE

Monday, September 20, 2010 08:15PM Report Comment
 

2. mark said...

Went shopping this evening to costco, chicken was 30% more per kilo than last week...

Monday, September 20, 2010 08:33PM Report Comment
 

3. drewster said...

Millions of public-sector and private-sector job losses coming soon. VAT rise to 20%. Price of clothes, food, and petrol rising strongly. Wages stagnating.

There will be a bloodbath on the high street over the next twelve months. I wouldn't want to be invested in retail commercial property or shopping centres. Who will be the next Woolworths?

Tuesday, September 21, 2010 12:42AM Report Comment
 

4. a saver said...

I've noticed the clothing quality has nosedived at places like Next and M and S since the credit crunch.
My sis and I used to buy heaps at every Next sale but we hardly go in there now.

Tuesday, September 21, 2010 07:53AM Report Comment
 

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