Republic stores call in administrators (From Watford Observer)

Republic who targeted the under 25s with their promotions has learnt that investing in youth is wasted on the young as they are more likely to go on line and their expensive high street rent locations must have felt like a rock. Did the cavalry ever come to relieve the hard pressed workers with the much talked about business rate relief?

I suspect the Watford store did ok, because the target market in London and the South East still has money and jobs. If your stronghold is in the North and Midlands, it is not the internet that is hurting you, but the cheaper offer at Primark and H&M - This is a company sold fror £300 million in 2010 who has now collapsed due to the Coalition economic policies and lack of growth that have hit the under 25s very harder in most of the UK.

Andrew1963 wrote:
I suspect the Watford store did ok, because the target market in London and the South East still has money and jobs. If your stronghold is in the North and Midlands, it is not the internet that is hurting you, but the cheaper offer at Primark and H&M - This is a company sold fror £300 million in 2010 who has now collapsed due to the Coalition economic policies and lack of growth that have hit the under 25s very harder in most of the UK.

Tosh

Andrew1963 wrote:
I suspect the Watford store did ok, because the target market in London and the South East still has money and jobs. If your stronghold is in the North and Midlands, it is not the internet that is hurting you, but the cheaper offer at Primark and H&M - This is a company sold fror £300 million in 2010 who has now collapsed due to the Coalition economic policies and lack of growth that have hit the under 25s very harder in most of the UK.

I thought everyone knew that the trick is to go to the shop and try on the clothes to get the style and sizing right then go home and order online for half the price.
Basic modern shopping, but of course it cannot last.

gusgreen wrote:

Andrew1963 wrote: I suspect the Watford store did ok, because the target market in London and the South East still has money and jobs. If your stronghold is in the North and Midlands, it is not the internet that is hurting you, but the cheaper offer at Primark and H&M - This is a company sold fror £300 million in 2010 who has now collapsed due to the Coalition economic policies and lack of growth that have hit the under 25s very harder in most of the UK.

Tosh

Daily Telegraph- QUOTE on Republic -
However, its target youth market has been the hardest hit demographic of the recession and it has struggled to appeal to them as effectively as rivals such as Primark, ASOS or H&M.

"Fashion is a fast-moving industry where brand loyalty is fickle and Republic has failed to keep up with some pretty fierce competitors."

Andrew1963 wrote:

gusgreen wrote:

Andrew1963 wrote: I suspect the Watford store did ok, because the target market in London and the South East still has money and jobs. If your stronghold is in the North and Midlands, it is not the internet that is hurting you, but the cheaper offer at Primark and H&M - This is a company sold fror £300 million in 2010 who has now collapsed due to the Coalition economic policies and lack of growth that have hit the under 25s very harder in most of the UK.

Tosh

Daily Telegraph- QUOTE on Republic -
However, its target youth market has been the hardest hit demographic of the recession and it has struggled to appeal to them as effectively as rivals such as Primark, ASOS or H&M.

"Fashion is a fast-moving industry where brand loyalty is fickle and Republic has failed to keep up with some pretty fierce competitors."

A pair of jeans in Republic £50-£60. A pair of jeans in Primark £6-£10. Retail is not dying. It's rip-off retail that is dying!

The Rover wrote:

Andrew1963 wrote:

gusgreen wrote:

Andrew1963 wrote: I suspect the Watford store did ok, because the target market in London and the South East still has money and jobs. If your stronghold is in the North and Midlands, it is not the internet that is hurting you, but the cheaper offer at Primark and H&M - This is a company sold fror £300 million in 2010 who has now collapsed due to the Coalition economic policies and lack of growth that have hit the under 25s very harder in most of the UK.

Tosh

Daily Telegraph- QUOTE on Republic -
However, its target youth market has been the hardest hit demographic of the recession and it has struggled to appeal to them as effectively as rivals such as Primark, ASOS or H&M.

"Fashion is a fast-moving industry where brand loyalty is fickle and Republic has failed to keep up with some pretty fierce competitors."

A pair of jeans in Republic £50-£60. A pair of jeans in Primark £6-£10. Retail is not dying. It's rip-off retail that is dying!

But the jeans are not like for like brand-wise.

Your logic is kind of flawed when the likes of Repotire still trades when the average price of jeans range from £100-£150 mark.

A nice pair of Boss or Armani jeans have always outlasted cheaper versions.