The Consumer Trends of Clothing and Textile Products Falling Under the Second-Hand Category Free Essay Example, 3750 words

UK s fashion market is increasingly inclined to the online platform according to recent observable market trends reported by Mintel (2011, para. 1). According to the report, fashion consumers using online platforms for their shopping solutions and is expected to continue to record higher figures in the future due to the use of the internet for market needs. However, the report notes that over 20 per cent of the internet surfers in search of fashion shopping information in the UK did not end up buying the fashion products. Whereas shoppers continue to flock the online platform in the UK, there are mixed fortunes in the actual consumption of fashion products due to a number of factors. According to general fashion consumption in the UK, there is a continued reduction in sales figures particularly towards 2011 due to obvious economic reasons (Monk 2011, p6). Perhaps the recorded unsuccessful online shopping by fashion consumers will continue for a while as occasioned by the economic ti me in which Europe continues to be entangled in. The mixed fortunes in the actual performance of the textile industry are perhaps a representation of the developments in the economy. We will write a custom essay sample on The Consumer Trends of Clothing and Textile Products Falling Under the Second-Hand Category or any topic specifically for you Only $17.96 $11.86/pageorder now While the UK is not entirely entangled in the Eurozone debt crisis and complications, there are indications that the macroeconomics of the continental pressures plays a role in the definition of market performance. Difficult times for the conventional textile markets in the UK and continued reliance on lower cost alternatives, the environment presents the second-hand fashion markets across the world. Despite the fact that the failure of the conventional market to thrive may be an indicator of a gradual death for the textile industry, market consolation from ideas of a conservationist approach makes the future of second-hand fashion in the UK to look even brighter. This paints the picture of the consumer trends for second-hand fashion since the prevailing economic times directly impacts on the performance of the textile industry (PWC 2010, p20). According to the findings of the report by PWC, western economies that the UK belongs to are experiencing difficult times from 2007 and the future looks bleak.