Apparel Retail in the United Kingdom
Relations were strengthened by the United Kingdom’s alliance with the United States during both World Wars, in the Korean conflict, in the Persian Gulf War, in Operation Iraqi Freedom, and in Afghanistan, as well as through its role as a founding member of the North Atlantic Treaty Organization (NATO). The United Kingdom and the United States continually consult on foreign policy issues and global problems and share major foreign and security policy objectives. Regarding Northern Ireland, which is part of the United Kingdom, “Nationalist” and “Republican” groups seek a united Ireland that includes Northern Ireland, while “Unionists” and “Loyalists” want Northern Ireland to remain part of the United Kingdom. U.S. priorities continue to be supporting the peace process and devolved political institutions in Northern Ireland and encouraging the implementation of the U.S.-brokered 1998 Belfast Agreement, also known as the Good Friday Agreement, and the 2006 St. Andrews Agreement. U.S. Assistance to the United Kingdom The International Fund for Ireland (IFI), created in 1986, provides funding for projects to generate cross-community engagement and economic opportunity in Northern Ireland (the United Kingdom) and the border counties of Ireland. Since the IFI’s establishment, the U.S. Government has contributed over $500 million, roughly half of total IFI funding. The other major donor to IFI is the European Union. Bilateral Economic Relations The United Kingdom is a member of the European Union and a major international trading power. The United Kingdom is one of the largest markets for U.S. goods exports and one of the largest suppliers of U.S. imports.
The industry value is calculated at retail selling price (RSP), and includes all taxes and levies. All currency conversions used in this report have been calculated at constant 2011 annual average exchange rates. The apparel retail industry consists of the sale of all menswear, womenswear and childrenswear. The menswear market includes mens activewear, casual wear, essentials, formalwear, formalwear-occasion and outerwear. The womenswear market includes women’s activewear, casual wear, essentials, formalwear, formalwear-occasion and outerwear. The childrenswear market includes baby clothing, boys activewear, boys casual wear, boys essentials, boys formalwear, boys formalwear-occasion, boys outerwear, girls activewear, girls casual wear, girls essentials, girls formalwear-occasion, girls outerwear and toddler clothing. The industry value is calculated at retail selling price (RSP), and includes all taxes and levies. All currency conversions used in this report have been calculated at constant 2011 annual average exchange rates. The UK apparel retail industry is expected to generate total revenues of $59.2bn in 2012, representing a compound annual growth rate (CAGR) of 2.3% between 2008 and 2012. The womenswear segment is expected to be the industry’s most lucrative in 2012, with total revenues of $34.1bn, equivalent to 57.6% of the industry’s overall value. Features Save time carrying out entry-level research by identifying the size, growth, and leading players in the apparel retail market in the United Kingdom Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in the United Kingdom Leading company profiles reveal details of key apparel retail market players global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom apparel retail market with five year forecasts Macroeconomic indicators provide insight into general trends within the United Kingdom economy Key Questions Answered What was the size of the United Kingdom apparel retail market by value in 2012? What will be the size of the United Kingdom apparel retail market in 2017?
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