£14bn loss expected for UK’s clothing & footwear sector
// The UK clothing & footwear sector to endure £14bn loss due to coronavirus lockdown
// Online sales expected to drop 7.9%The UK’s clothing and footwear market is set to become the worst hit sector, facing a £14 billion decline as the coronavirus pandemic takes its toll on trading.
Clothing and footwear spend is expected to drop by 26.1 per cent compared with 2019, according to data and analytics company GlobalData.
Due to the lockdown extension, the sector is expected to
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