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Fashion Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Sales and Merchandising

2017

Fashion retail; mature consumers; academic-practitioner divide

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Full-Text Articles in Fashion Business

Are Mature Female Consumers Well Served By The Fashion Retail Sector?, Amanda Ratcliffe Jun 2017

Are Mature Female Consumers Well Served By The Fashion Retail Sector?, Amanda Ratcliffe

Conference proceedings

The fashion retail sector is going through extremely challenging times with continuing globalisation and the ongoing impact of the recent global recession in many markets. Markets are highly competitive and companies must strive to craft strategies which will deliver competitive advantage. Across the developed and the developing world, populations are ageing. The trend is so marked as to have been termed an ‘Agequake’ by A.T. Kearney, (2011, 1) in terms of its predicted impact on economies, companies and most particularly, retailers. Women aged 50 and over are now one of the most powerful consumer groups in the UK, spending more …