The headwinds facing the retail sector have never been more apparent, with businesses exposed to a multitude of often competing pressures. Many follow well-established narratives of a dying high street and an industry in flux.
The fashion industry has been hit particularly hard by the structural upheaval. Making up one-fifth of all retail take-up a decade ago, it now represents just over one in 10 new openings. Here EG examines how the current challenges on the high street are having a big effect on the future of fashion in the UK.
Economics of
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