Davies Predicts Hard Times Ahead for Sports Retailers

The ScotsmanAugust 23, 2008

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Summary


FASHION business "guru" George Davies has predicted that sports goods chains are set to suffer most significantly as the credit crunch hits the retail industry.

Davies, who pioneered the new brand of fashion retailing with Next and Asda, also revealed that his Per Una business is to concentrate on volume of sales to beat the economic down turn.

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Extract


Davies Predicts Hard Times Ahead for Sports Retailers

Speaking in Edinburgh at the opening of a centre for retail excellence named after him at Heriot-Watt University, Davie...

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