"Apparel in Sweden" Published
Apparel in Sweden recorded negative retail value growth rates in 2012. The poor performance is attributable to a number of interrelated factors. The current weakness and uncertainty in the economic climate is weakening consumer sentiment and increasing price sensitivity. This is lowering absolute consumer demand for apparel, leading to excess stock levels. Excess stock levels are in turn resulting in widespread sales discounting and price promotions on the market.
View full press release