Tuesday 28 April 2015

SUPER RICH DOUBLED THEIR WEALTH


"Today the wealthiest 1,000 people based in Britain are collectively worth £547bn, up from £258bn in 2009, an increase of 112%."

Since the recession the super rich have doubled their wealth, therefore showing that it definitely didn't affect them. This suggests that High-End brands still remain affordable for many people, which in theory would boost their sales rather than decreasing them. However, we all know that the recession affected a lot of middle class people, which decreased high street stores sales slightly. 

British economy statistics have a massive influence on brands and companies. Therefore, can influence future trends, in terms of materials used, the quality of clothing and how much brands can charge for their clothing. 


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