You can but almost anything in Tesco these days as people who live in the UK will readily arrest to. This includes footwear and now, according to Leatherbiz, reports from Ethiopia say that this leading British retailer is in talks to export footwear from four Ethiopian companies.
Whoever thought London is the world's most expensive retail location, think again. Rents in Hong Kong in key retail locations can be up to four times higher than similar locations in London and Paris.
Consumer demands are increasingly driving fashion retail, and retailers and brands should listen better to their customers. The report “Proactive Retail” by fashion industry solution provider Attune Consulting confirms what retailers have been observing for a while.
Leatherbiz reports that the UK luxury sector is forecast to almost double in value over the next five years from £6.6 billion in 2012 to £12.2 billion in 2017, according to Walpole, a non-profit industry group, and consultancy Ledbury Research.
Leatherbiz reports that UK-based leathergoods company Swaine Adeney Brigg is in talks to provide clothing to Marks & Spencer after buying the former Aquascutum factory from Chinese owners.