Clothing stores across the UK will lose almost £15bn in sales between now and 2025, according to stark forecasts set out in a new report.
Research by Retail Economics and multinational law firm Eversheds Sutherland predicted the accelerated shift to online shopping would result in a €17.6bn (£14.9bn) slump in sales at clothing stores across the next five years.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.