|
Newsletter: December 2007
Clothing Market in United Kingdom
The clothing market in United Kingdom (UK) is led by Marks and Spencer and
the men’s and womenswear chain Arcadia (which includes both the Burton Group
and Selfridges clothing chains).
The pressure on pricing and the phasing out of the Multi-Fibre Agreement
means that the UK market will be opened up to even more cheap imported
clothing. Over 83 per cent of clothing and accessories are purchased by
women over 25 years old. Preferential rates of duty are used by the textile
industry traders as the Generalised System of Preferences (GSP) allows
products from a wide range of countries to be imported into the EU at a
reduced or zero rate of duty.
Malaysian exporters have the opportunities not only to do business with the
small specialised independent UK suppliers but also the big high end stores
such as the Selfridges, John Lewis, Debenham and House of Fraser. The UK
clothing sector is extremely competitive however niche opportunities for
Malaysian exporters exist for innovative design and fabrics, high quality,
high end products, designer-wear, swimwear and surf/streetwear. Companies
may email to MATRADE’s Trade Commissioner in London at
london@matrade.gov.my for
further details. |