Strong pound brings Britons bargain breaks

Article Abstract:

The pound is likely to remain strong until the end of 1998, bringing considerable benefits for UK consumers. Goods such as footwear and clothing will not necessarily become cheaper, but consumers will obtain better quality for the same price. There will be bargains for holidaymakers in summer 1998, especially in Greece and South-east Asia. Travel agents report that city breaks to European cities are also proving popular because of the strength of the pound.

HOTELS AND OTHER LODGING PLACES, Tourist Travel, Disposable Hshld Income, Prices and rates, Travel industry, Pound (United Kingdom), Cost and standard of living, Cost of living, Tourism

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Designer stores fight to survive

Article Abstract:

Many designer stores opened in London, England, between 1990 and 1997, and rents in popular locations such as Bond Street rose significantly during this time. However, these stores are now attracting fewer customers, and analysts believe that the market has peaked. Stores in high-profile locations are now being increasingly regarded as a promotional vehicle for designer labels, rather than as a way of making money.

United Kingdom, Forecasts, trends, outlooks, Apparel & Shoe Stores, Clothing and Clothing Accessories Stores, APPAREL AND ACCESSORY STORES, Retail trade, London, England, Clothing stores

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