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UK underwear and lingerie strong in recession
'Lingerie Market Report 2010', a new report from Key Note Publications Ltd. examines the UK lingerie market, which encompasses corsetry, lingerie and hosiery. According to the report the market has performed well over the review period (2005 to 2009) and has withstood the sharp declines experienced by many retail sectors during the recession.
This, the report says, is partly due to the essential nature of underwear purchasing, but the industry has also benefited from many women viewing lingerie as a relatively inexpensive pick-me-up at a time when the recession was biting into other areas of spending.
The total UK lingerie market reached a value of 2.8bn in 2009, representing a 16.1% increase since 2005. |
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| This is merely a synopsis of the article for complete article refer the Latest issue of Lace-N-Lingerie. |
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