customer confidence news and archive

Clothing spend down in November, customer confidence low

Following November's Black Friday shopping extravaganza, and with Brexit on the horizon, it looks like UK retail is still a little shaky. According to Barclaycard, clothing spend in the UK contracted by 2.9 percent in November, its biggest drop since October 2017. Breaking the categories down, family clothing spend contracted by 4 percent, men’s...

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UK consumer confidence continues to drop in build up to Christmas

UK consumer confidence continued to drop in October as a one point fall in the Consumer Confidence Index resulted in a 3-month low of -10, according to a survey by GfK. The index shows that concern over how the economy will fare in the next 12 months is at its highest point since December, as the country prepares to leave the EU. Commenting on...