29th August 2008
From consumer to garment worker: the impact of the economic downturn
The Guardian reported this week that the average UK household's disposable income has decreased by £2,500 in the past 12 months - the first drop for 11 years. The jury seems to be out on how these lean times will affect our spending on clothes. According to some it is now all about 'investment dressing' - buying one piece and loving it for a long time. Others predict that consumers looking for a bargain will spend their cash in value retailers or supermarkets. Interestingly, the charity sector is experiencing a surge in sales. Lorna Hall, executive editor of fashion trade journal Drapers says that "A certain section of consumers are turning their back on fast fashion and like the idea of recycling."
The economic storm clouds affecting the UK consumer also bring with them increasing food prices across the globe. For garment workers who already earn too little to cover their basic needs, spiraling food prices mean that they may not be able to feed themselves or their families. There has never been a more important time for brands and retailers to start taking their corporate social responsibility seriously and ensuring that the people who make their clothes get paid a living wage.
Read more about the increase in sales in the charity shop sector on the Guardian website.
Read more about what is meant by a living wage on the Clean Up Fashion website.
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