Blog: Leonie BarrieNot much Christmas cheer...yet

Leonie Barrie | 29 November 2004

I have to confess that Christmas shopping isn't one of my favourite pastimes – but it can't be much more fun for the retailers out there who are in pitched in battle trying to make consumers like me spend money. Here in the UK the sales – more likely to be called ‘Christmas spectaculars’ – have already started, with Tesco knocking 20 per cent off all its clothing and House of Fraser cutting its prices by 25 per cent in a one-day promotion.

In the midst of all this uncertainty, a lot is at stake: it’s estimated that consumers spend an extra £10 billion over the festive period from November through to the January sales. For some retailers, the Christmas spending binge represents up to 60 per cent of their annual business, so it’s hardly surprising they get a little jittery. It’s a little like a game of chicken: will the retailers crack first by offering even bigger discounts, or will customers who delay their shopping lose their nerve waiting for the really big discounts to begin?


BLOG

just-style market research sale

Are you planning for the year ahead and beyond? Well this week we’re offering great deals on some of our market research......

BLOG

Gearing up for the holiday shopping season

The volume of US apparel imports saw an increase in October on the prior year as retailers geared up for the holiday shopping season. Bangladesh booked the second highest growth behind India, reversin...

BLOG

Innovations to boost sustainability

Hong Kong-based textile and apparel giant Esquel Group, the world's largest woven shirt maker, is pushing ahead with the pursuit of sustainable and holistic quality. ...

BLOG

Sign up to try new re:source apparel sourcing tool for free

The old saying "Good things come to those who wait" is certainly true for re:source, the new suite of data-driven sourcing tools being developed by the team here at just-style....

just-style homepage



Forgot your password?