Black Friday news and archive

Black Friday and Christmas sales gave no uplift to retailers

UK retail sales volumes fell by 0.4 percent in November following a rise of 0.9 percent in October when there was a bounce back from the impact of the additional Bank Holiday in September for the State Funeral. Neither Black Friday or the run-up to the Christmas shopping season significantly lifted sales. Figures from the ONS said online...

Retail

London Designer Outlet Black Friday sales exceed pre-pandemic levels

Black Friday sales at London Designer Outlet (LDO) exceeded pre-pandemic levels according to the shopping outlet's latest sales figures. Total sales across the London fashion outlet between November 20 and 26 this year rose to 2,462,278 pounds from 2,460,535 pounds during the same week in 2019. This year’s sales during Black Friday week recorded...

Fashion

This fashion week in pictures

Warsaw (Poland) - Climate activists protested against Black Friday sales and fast fashion in many major cities this week. In Warsaw protesters glued their hands to the shopping window inside an H&M store in the city center. In Amsterdam Extinction Rebellion organized a second hand clothes giveaway on Dam square and a demonstration in the...

RetailFeatured

Shopify reveals new records for Black Friday Cyber Monday with 7.5 billion dollars in sales

Shopify merchants saw Black Friday and Cyber Monday (BFCM) sales soar to 7.5 billion dollars, the highest on record. High street and in-person shopping grew 24 percent with POS sales made by Shopify UK merchants, but it was mobile shopping that saw 75 percent of transactions versus 25 percent on desktop. Fashion was the top category, followed by...

Retail

UK retailers boosted by Black Friday footfall

The Black Friday bonanza expected by retailers saw a significant uptick in footfall according to data from retail experts Springboard. The high street and retail parks were popular (11.3 percent and 7.1 percent respectively) but shopping centres saw the biggest rise in footfall with 16.8 percent. The shopping event, which has expanded from the...

Business

Everpress increases profits for creators by 25 percent over Black Friday weekend

In a bid to support the slew of independent designers utilising its platform, fashion marketplace Everpress announced it would be increasing its creators’ profit share over the course of Black Friday weekend. From November 25 to 29, creators on the platform would be receiving a 25 percent extra payout on top of original profits. In a release,...

Retail

How to turn Black Friday into Take Back Friday

While many brands and retailers are pulling out all the stops on Black Friday to sell, sell, sell, there are some that use the day to reverse sales by either stopping sales activities, enabling re-commerce or taking back old merchandise for recycling. FashionUnited has highlighted some of them for those wanting alternatives to spending and...

RetailFeatured

Fashion brands boycott Black Friday discounting

While some reports are forecasting retail sales will hit 8.71 billion pounds over Black Friday weekend as consumers shop early for Christmas, several fashion brands are boycotting this year’s discounting event in favour of championing sustainability, resale, and charity. Black Friday officially takes place on November 25, and while many...

Retail

Black Friday footfall in UK expected to be 12.8 percent higher this year

UK retailers could be in stall for a jump in footfall this year despite the cost-of-living crisis. Footfall is expected to be 12.8 percent above last year’s levels across all UK retail destinations, according to figures from Springboard. It comes as shoppers are expected to seek out high discounts to offset soaring inflation. Despite that jump,...

Retail

Considered shopping to drive holiday season sales

High on the list for the majority of shoppers this Black Friday are essential items on sale. New data from American Express shows 21 percent of consumers will be gifting essential items this holiday season and over 70 percent will be looking to purchase goods on sale. A further 52 percent of consumers say they are more likely to shop with a...

Business

Ebay says shoppers will favour pre-loved purchases over new on Black Friday

Ebay has teamed up with the Waste and Resources Action Programme (WRAP) on data predicting what products consumers would be steering towards for this Black Friday as they look to save money amid the cost-of-living crisis. New research by the duo suggested that UK shoppers could be looking to make pre-loved and refurbished purchases instead of...

RetailFeatured

Black Friday forecast expects Brits to spend 850 million pounds less

Black Friday sales in the UK are expected to decrease by 850 million pounds, as shoppers have tightened purse strings and are expected to spend 31 percent less. Research from data comparison site Finders.com suggests the average shopper will spend approximately 189 pounds versus 275 pounds last year. Liz Edwards, editor-in-chief at finder.com,...