This may sound surprising. After all, if costs in most industries have been rising then why wouldn't clothing prices be increasing too?
The reality is that the clothing sector has been hit by increased costs. Raw materials have increased, as have petrol prices, meaning that manufacturing and distribution costs are now considerably higher.
If we look at one area of clothing - shoes - we can see how the industry is reacting.
With consumers having less money available to spend, shoe retailers have been worried by the thought that they may have less customers in coming months.
Given that there are plenty of footwear retailers around and that they are all in competition, they've all had to look at how to react.
Their main reaction has been to avoid passing on increased costs to consumers. They realise that passing on the costs could make things worse.
So their reaction has been to keep retail prices down, with significant price drops in some areas. This is particularly clear online, where it's now possible to find some real bargains when you come to do your shoe shopping.
Take advantage of this situation and you can significantly decrease the amount that you currently spend on a new pair of shoes. There's no doubt that the money is better in your pocket than in that of a retailer!
By: Keith Barrett
Article Directory: http://www.articledashboard.com
The reality is that the clothing sector has been hit by increased costs. Raw materials have increased, as have petrol prices, meaning that manufacturing and distribution costs are now considerably higher.
If we look at one area of clothing - shoes - we can see how the industry is reacting.
With consumers having less money available to spend, shoe retailers have been worried by the thought that they may have less customers in coming months.
Given that there are plenty of footwear retailers around and that they are all in competition, they've all had to look at how to react.
Their main reaction has been to avoid passing on increased costs to consumers. They realise that passing on the costs could make things worse.
So their reaction has been to keep retail prices down, with significant price drops in some areas. This is particularly clear online, where it's now possible to find some real bargains when you come to do your shoe shopping.
Take advantage of this situation and you can significantly decrease the amount that you currently spend on a new pair of shoes. There's no doubt that the money is better in your pocket than in that of a retailer!
By: Keith Barrett
Article Directory: http://www.articledashboard.com
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