fashion sales news and archive

U.S. retail sales fell in September for the first time in six months

New York – Retail sales in the U.S. fell in September for the first time in seven months as most stores posted lower receipts, signalling that a widely expected slowdown in consumer spending might be underway. The U.S. Government reported Thursday a 0.3 percent fall in retail sales last month, which ended a streak of six straight strong gains...

Retail

Fashion sales suffer in February despite warmer weather

Warm weather and Valentine’s Day did little to boost fashion sales in February, according to BDO’s latest High Street Sales Tracker. In-store like-for-like fashion sales declined by 3.5 percent in February from an already-poor base of -1.9 percent last year. Overall in-store sales declined 3.7 percent, following a 1.6 percent drop in the same...

Retail

UK fashion sales suffered in June

Various states of uncertainty negatively affect consumer confidence, as was evident in Visa UK's Consumer Spending Index figures released this week. Spending dropped in the second quarter to its lowest growth in nearly four years, and even the good amount of sunshine didn't prevent consumers from watching their pennies. According to the report,...

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Business

British high street fashion retailers struggled to sell in May

British high street fashion retailers faced a sales slump this May, brought on by a slowing demand for fashion, accessories, and footwear according to the latest BDO High Street Sales Tracker. High street fashion sales declined by 3.9 percent last month and like-for-like sales in the fashion market dropped 3.6 percent in comparison to the same...

Retail

Warm weather drives online fashion sales to record heights

The warm weather spell which took place throughout April has lead to a record boost in online spend for apparel and footwear within the UK, making last month's growth the best since October 2014, according to the latest data from the BRC-KPMG Online Retail Sales Monitor. The online sales of non-food products grew 15.4 percent in April compared...