With consumer confidence almost as low as during the banking crisis of 2008, UK consumers are increasingly targeting clothing as an area to cut back spending. Clothing and shoes are third in a list of 26 areas of expenditure that they have cut back on.
GfK conducted a survey for the Sunday Times who were keen to understand current consumer perceptions of quality, price and value for clothes from a number of leading retailers. Getting a bargain proves important to respondents as is buying quality items and brand loyalty.
Find out who’s Britain’s favourite brand and what consumers’ perception of quality, price and value for clothes are.