Home / Knowledge / News / Apparel/Garments / UK retail sales down 0.5% in five weeks to July 2
UK retail sales down 0.5% in five weeks to July 2
14
Jul '16
For the five week period from May 29 to July 2, 2016, UK retail sales dropped 0.5 per cent on a like-for-like basis from June 2015, when they had increased 1.8 per cent from the preceding year.

On a three-month basis, total UK retail sales grew 0.5 per cent and 1.2 per cent on a 12-month average basis, which is the lowest 12-month average since May 2009.

CEO of British Retail Consortium (BRC) Helen Dickinson said, “Retail sales grew in June, albeit with total growth slowing to 0.2 per cent. While sales did slow towards the end of the month, it is too early to define this as a trend.”

“The month outturn was predominantly driven by a decline in sales in the fashion categories and isn't a surprise given that June 2015 saw record growth in clothing and footwear,” she added.

According to the BRC report, the EU referendum vote has not changed the relentless pursuit of delivering for customer's day in, day out or their investment.

“Despite the fall in the pound, the time it takes for any input price increases to translate into higher shop prices, includes further changes in the pound, commodity prices and the challenge for retailers to move pricing,” the trade body added. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Fibre2Fashion: 21 years of serving textile-apparel-fashion industry

Textiles | On 17th Apr 2021

Fibre2Fashion: 21 years of serving textile-apparel-fashion industry

Fibre2Fashion, the online platform for the global...

Pic: Shutterstock

Textiles | On 17th Apr 2021

China's economy grows 18.3% in Q1 2021

Powered by a strong domestic and foreign demand, China's economy grew ...

Pic: Shutterstock

Retail | On 17th Apr 2021

US retail sales saw strong rebound in March: NRF

As government cheques fattened consumers’ bank accounts and more...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strike a balance between handmade in India and 'Make in India'

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Akash Sehgal,

Akash Sehgal

Part of retail and hospitality conglomerate Landmark Group in Dubai,...

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search