Highlights
UK Retail: fashion rebounds despite pressure on footwear spending
Since May, the UK’s textile, clothing, and footwear (TCF) sector has regained momentum, outperforming the total retail sector and benefiting from increased online demand. But this rebound masks underlying weaknesses in the footwear sector: consumer spending remains low amid persistent price deflation, and imports have fluctuated significantly as retailers adjust stock levels in response to volatile demand. With inflation still above the target rate and the Budget looming, the retail sector has entered the Golden Quarter with improved sales but constrained by economic uncertainty and cautious consumer behaviour
Premium ContentGlobal fashion braces for a challenging 2026
According to the latest State of Fashion report, 46% of executives expect industry conditions to worsen in 2026. Tariff pressures and shifting consumer behaviour are key concerns, while artificial intelligence is seen as a major opportunity



































