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Moodys Worldwide: Online Fashion Beats the High Street Moodys Worldwide announced a renaissance in classic British styling for ethically produced mens' and womens' accessories. The company report strong interest against a surge in all online sales throughout the UK. Whilst UK high street fashion sales are down, all types of retail have rocketed online during the last two months. Accountancy network BDO announced that high street fashion sales were down by 0.7% in February, compared to the previous month. However, the total number of online sales of all products was up by 49% in January and 32.9% in February. The team at Moodys noted the difference in the way British fashion is heading online: "We're seeing a definitive demand for higher quality instead of a more typical fast fashion piece. People are shopping more carefully for accessories that will last more than just one short fashion season. Our pieces are all about craftsmanship and using the finest materials as our starting point. They're versatile and last far longer than brief trends, for example, our range of gentlemen's ties, scarves, cummerbunds and handkerchiefs are all made from the highest quality...more
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