UK: January retail sales rise strongest since 2010
Retail sales in the UK were up 5.4% in January, the strongest increase since March 2010, and rose 3.9% on a like-for-like basis.
According to the British Retail Consortium (BRC), the three-month average growth figure was 3.2%, broadly in line with the 12-month trend figure of 3%.
BRC senior analyst Anne Alexandre said “a lot of good deals” had driven footfall to clothing stores, with shoppers also buying into new ranges at full price.
“In general, there was a strong sales performance across the three segments, but that was also flattered by an easy comparative in 2013, when the snow had kept people indoors,” she added.
“There was good demand for blouses, nightwear and for women’s accessories rather than for heavy coats.”
Meanwhile, footwear sales were “very strong”, despite January being the wettest and mildest for over a century, with continuing good demand for boots as well as slippers.
“Customers responded enthusiastically to a range of sales and promotions on non-food items this January,” said BRC director general Helen Dickinson.
“Retailers succeeded in tempting shoppers in with promotions, they also saw strong demand across new ranges, helped by improvements in consumer confidence.”
- Enthusiasm for tech in outdoor apparel on rise
- 2015: Welcome to the new fashion consumer
- New American Apparel CEO sees solid platform
- Outlook 2015: What's happening with sourcing?
- George at Asda on responsible retail journey
- EU exploring responsible garment supply chains
- Gap to close Piperlime division
- Kanati pulls production out of Pakistan
- Hanesbrands invests $1.5m in US hosiery plant
- US takes final step to WTO TFA implementation
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Outdoor performance apparel: peaks, valleys, and green fields
- Li & Fung Limited (494) - Financial and Strategic SWOT Analysis Review
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead
- E-Textiles: Electronic Textiles 2014-2024