UK: John Lewis ends June with 8.3% sales fall
By just-style.com | 4 July 2008
Department store chain John Lewis saw sales in the week ending 28 June fall by 8.3% after a record high last year, despite help from sunnier weather in the UK.
The company said that the improved weather across the country helped its Saturday Clearance section, with branded men's and women's wear taking the lead.
"Last year's first day (an all-time record) was always going to be difficult to assail,"said Phil Hullah, commercial director, John Lewis, "but not only did the division deliver a huge sterling result, we also recorded more than 20% growth versus our opening day two years ago.
"A very solid foundation on which to build."
E-commerce site John Lewis Direct finished the week with a 20% year-on-year sales growth.
"All of the rigorous planning and preparation for Clearance has paid off. Product availability is excellent, our customer delivery network is on song and our product offer and shops really do look fantastic.
"We can look forward with confidence to driving sales of Clearance and full-price product and further increasing our share of trade during this critical summer period," added Hullah.
Companies: John Lewis
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