UK: Clothing stores see lowest sales growth for 25 years
Clothing stores have this month suffered their lowest year-on-year sales growth in 25 years according to a survey of British retailers.
However, employers' organisation the Confederation of British Industry (CBI) also said footwear and leather shops were the only sector apart from supermarkets to report sales growth.
67% of supermarkets, it said, saw an increase in sales in the period from 29 May to 11 June - the highest since December 2005.
Overall, 39% of respondents to the latest Distributive Trades Survey reported lower sales in first half of June compared to a year ago, while 30% said sales had increased.
The resulting balance of -9% was an improvement on last month's balance of -14% and April's very weak figure of -26.
The three-month average of sales volumes was -16% this month, which is the weakest since December 2005 when sales were down by 18%.
With pressure on household budgets set to continue, retailers now fear that beleaguered shoppers will not be tempted by the July sales, the CBI said.
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