Hopes for a flurry of flotations from Britain's retailers may prove misplaced after investors' lukewarm response to strong Christmas sales and amid growing fears life will get tougher again for consumers in 2010.
Gildan Activewear, a Canadian T-shirt maker, said it would move some of its manufacturing operations to Central America after a powerful earthquake in Haiti damaged one of its subcontractor's factories.
A surge in Christmas sales at British discount fashion retailer Matalan could reinvigorate a sale process that has run slowly since private equity houses first expressed an interest in the chain in October.
Retailers are using a host of strategies in adapting to the downturn -- from improving their products to expanding their e-commerce businesses -- which they hope will better position themselves for a rebound in the economy.
In response to mounting interest, the London tradeshow Stitch has announced that it is creating a dedicated space for visionary new menswear designers in order to define the very best of international and homegrown talent.
Department store group Debenhams forecast a further rise in profit margin in 2010 despite the tough economic outlook as it posted a small rise in sales and a profit increase in the run-up to Christmas.